Northeast Investment Management Lowers Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Northeast Investment Management trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,415 shares of the exchange traded fund’s stock after selling 499 shares during the quarter. Northeast Investment Management’s holdings in iShares MSCI Emerging Markets ETF were worth $1,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $26,000. Innealta Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $32,000. Covenant Partners LLC increased its position in shares of 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 purchasing an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. increased its position 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 purchasing an additional 870 shares during the last quarter. Finally, Clean Yield Group bought a new position in shares of iShares MSCI Emerging Markets ETF in 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 Stock Performance

EEM stock opened at $44.49 on Monday. The company’s 50 day moving average is $44.59 and its 200 day moving average is $43.24. iShares MSCI Emerging Markets ETF has a 1-year low of $37.47 and a 1-year high of $47.44.

iShares MSCI Emerging Markets ETF Company 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).