iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Empower Advisory Group LLC

Empower Advisory Group LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 7,904 shares of the exchange traded fund’s stock after selling 599 shares during the period. Empower Advisory Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of EEM. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $26,000. Innealta Capital LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $32,000. Covenant Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 836.5% in the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares in the last quarter. Finally, Clean Yield Group purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $43,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 and a 12-month high of $47.44. The company has a 50-day moving average of $44.81 and a two-hundred day moving average of $43.46.

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).