Prime Capital Investment Advisors LLC Sells 444 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Prime Capital Investment Advisors LLC cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,953 shares of the exchange traded fund’s stock after selling 444 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EEM. Sei Investments Co. grew its holdings in iShares MSCI Emerging Markets ETF by 166.1% during the 1st quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after purchasing an additional 121,314 shares during the last quarter. Diversified Trust Co lifted its stake in shares of iShares MSCI Emerging Markets ETF by 25.6% during the 2nd quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock worth $467,000 after acquiring an additional 2,235 shares during the last quarter. Mayflower Financial Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 28.6% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 16,403 shares of the exchange traded fund’s stock valued at $699,000 after acquiring an additional 3,648 shares during the period. Ninety One UK Ltd bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $2,666,000. Finally, Viewpoint Capital Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the second quarter. Viewpoint Capital Management LLC now owns 40,351 shares of the exchange traded fund’s stock worth $1,719,000 after purchasing an additional 680 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44. The company has a 50-day moving average of $44.82 and a 200 day moving average of $43.45.

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).