Brighton Jones LLC Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Brighton Jones LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,647 shares of the exchange traded fund’s stock after selling 1,981 shares during the period. Brighton Jones LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,349,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EEM. Fairscale Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $26,000. Woodmont Investment Counsel LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. Innealta Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $32,000. Jamison Private Wealth Management Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 870 shares during the last quarter. Finally, Clean Yield Group purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $43,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $45.23 on Thursday. iShares MSCI Emerging Markets ETF has a one year low of $36.40 and a one year high of $47.44. The business has a fifty day moving average price of $44.38 and a 200 day moving average price of $43.02.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).