Institute for Wealth Management LLC. Decreases Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Institute for Wealth Management LLC. lowered its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,909 shares of the exchange traded fund’s stock after selling 296 shares during the quarter. Institute for Wealth Management LLC.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,213,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Covenant Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $37,000. Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. West Financial Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $65,000. Finally, Bristlecone Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $43.21 on Friday. The stock has a 50 day moving average price of $42.68 and a 200 day moving average price of $43.46. iShares MSCI Emerging Markets ETF has a 52-week low of $38.26 and a 52-week high of $47.44.

iShares MSCI Emerging Markets ETF Profile

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).