IFG Advisors LLC Sells 284 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

IFG Advisors LLC decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,918 shares of the exchange traded fund’s stock after selling 284 shares during the period. IFG Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $226,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EEM. Jane Street Group LLC increased its position in iShares MSCI Emerging Markets ETF by 15.2% in the 1st quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after buying an additional 3,270,493 shares during the period. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at about $880,516,000. Bank of Montreal Can lifted its stake in shares of iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after buying an additional 3,382,010 shares during the period. LPL Financial LLC grew its position in iShares MSCI Emerging Markets ETF by 1.8% during the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock worth $84,972,000 after buying an additional 35,297 shares in the last quarter. Finally, Nisa Investment Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $74,532,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $45.92 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $47.44. The business’s 50 day moving average is $44.20 and its 200-day moving average is $42.92.

iShares MSCI Emerging Markets ETF 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).