Emerson Wealth Management LLC Has $525,000 Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Emerson Wealth Management LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.9% in the third quarter, Holdings Channel.com reports. The firm owned 54,763 shares of the exchange traded fund’s stock after selling 6,029 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 0.4% of Emerson Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Emerson Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $525,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley increased its position in iShares MSCI Emerging Markets ETF by 20.7% during the 2nd quarter. Morgan Stanley now owns 39,852,843 shares of the exchange traded fund’s stock worth $1,710,086,000 after purchasing an additional 6,830,630 shares in the last quarter. Retirement Systems of Alabama increased its position in iShares MSCI Emerging Markets ETF by 25.3% in the 2nd quarter. Retirement Systems of Alabama now owns 19,312,306 shares of the exchange traded fund’s stock valued at $828,691,000 after acquiring an additional 3,899,300 shares during the period. Bank of New York Mellon Corp increased its position in iShares MSCI Emerging Markets ETF by 2.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 8,270,250 shares of the exchange traded fund’s stock valued at $354,876,000 after acquiring an additional 171,382 shares during the period. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets ETF by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,889,477 shares of the exchange traded fund’s stock valued at $339,013,000 after acquiring an additional 153,378 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 27.2% in the 2nd quarter. Liberty Mutual Group Asset Management Inc. now owns 7,042,823 shares of the exchange traded fund’s stock valued at $302,207,000 after acquiring an additional 1,506,384 shares during the period.

NYSEARCA EEM traded up $0.37 on Tuesday, hitting $41.92. The company’s stock had a trading volume of 3,689,340 shares, compared to its average volume of 66,765,414. iShares MSCI Emerging Markets ETF has a 1-year low of $37.58 and a 1-year high of $44.84. The company’s 50-day moving average is $40.97 and its 200 day moving average is $41.82.

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).

Read More: High-Yield Dividend Stocks

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.