Parsons Capital Management Inc. RI Sells 2,035 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Parsons Capital Management Inc. RI lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% during the second quarter, Holdings Channel.com reports. The fund owned 55,601 shares of the exchange traded fund’s stock after selling 2,035 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares MSCI Emerging Markets ETF were worth $2,386,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. GYL Financial Synergies LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 260.0% during the 1st quarter. GYL Financial Synergies LLC now owns 103,157 shares of the exchange traded fund’s stock valued at $4,427,000 after purchasing an additional 74,504 shares in the last quarter. Northeast Financial Consultants Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $340,000. Oakworth Capital Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 20.9% during the 1st quarter. Oakworth Capital Inc. now owns 5,590 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 965 shares in the last quarter. RPg Family Wealth Advisory LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 6,374.6% during the 1st quarter. RPg Family Wealth Advisory LLC now owns 22,661 shares of the exchange traded fund’s stock valued at $973,000 after purchasing an additional 22,311 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of iShares MSCI Emerging Markets ETF by 772.5% during the 1st quarter. Brookstone Capital Management now owns 66,353 shares of the exchange traded fund’s stock valued at $2,848,000 after purchasing an additional 58,748 shares in the last quarter.

Shares of EEM traded up $0.29 during trading hours on Thursday, reaching $39.03. 3,142,675 shares of the company traded hands, compared to its average volume of 69,382,977. The firm has a fifty day moving average price of $42.03. iShares MSCI Emerging Markets ETF has a 12 month low of $37.58 and a 12 month high of $44.84.

iShares MSCI Emerging Markets ETF Company 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).

Featured Story: How to Invest in the Dividend Aristocrat Index

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

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

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.