iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 42.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,372 shares of the exchange traded fund’s stock after selling 1,729 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $95,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. TD Asset Management Inc boosted its stake in iShares MSCI Emerging Markets ETF by 657.0% during the 4th quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock valued at $175,998,000 after acquiring an additional 3,798,757 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 70.2% in the 4th quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock valued at $133,386,000 after buying an additional 1,368,272 shares during the period. Schroder Investment Management Group grew its position in shares of iShares MSCI Emerging Markets ETF by 3,860.4% during the 3rd quarter. Schroder Investment Management Group now owns 890,103 shares of the exchange traded fund’s stock valued at $33,779,000 after buying an additional 867,628 shares during the last quarter. Factory Mutual Insurance Co. raised its stake in iShares MSCI Emerging Markets ETF by 67.5% during the fourth quarter. Factory Mutual Insurance Co. now owns 1,546,400 shares of the exchange traded fund’s stock worth $62,181,000 after acquiring an additional 623,000 shares during the period. Finally, Comerica Bank bought a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $21,888,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.0 %

Shares of NYSEARCA:EEM traded up $0.40 during trading on Monday, hitting $41.57. 28,727,216 shares of the company traded hands, compared to its average volume of 28,887,125. The business’s fifty day moving average is $40.74 and its 200-day moving average is $39.55. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00.

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).