Sigma Investment Counselors Inc. Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sigma Investment Counselors Inc. decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMGet Rating) by 18.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 10,328 shares of the exchange traded fund’s stock after selling 2,291 shares during the period. Sigma Investment Counselors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $414,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of EEM. Renaissance Technologies LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $5,847,000. Invesco Ltd. purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $73,857,000. Rockefeller Capital Management L.P. boosted its position in iShares MSCI Emerging Markets ETF by 11.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 302,100 shares of the exchange traded fund’s stock worth $14,755,000 after purchasing an additional 30,958 shares in the last quarter. Mutual Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 23.5% in the 4th quarter. Mutual Advisors LLC now owns 17,775 shares of the exchange traded fund’s stock worth $868,000 after purchasing an additional 3,383 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 66.2% in the 4th quarter. Clearstead Advisors LLC now owns 59,126 shares of the exchange traded fund’s stock worth $2,888,000 after purchasing an additional 23,560 shares in the last quarter. Hedge funds and other institutional investors own 79.56% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 2.6 %

iShares MSCI Emerging Markets ETF stock traded down $0.97 during mid-day trading on Friday, hitting $35.92. The company had a trading volume of 2,077,734 shares, compared to its average volume of 39,789,408. iShares MSCI Emerging Markets ETF has a 12-month low of $36.81 and a 12-month high of $52.62. The company’s fifty day moving average is $39.39 and its 200-day moving average is $41.22.

iShares MSCI Emerging Markets ETF Profile

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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).

See Also

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

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