Foster & Motley Inc. Cuts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Foster & Motley Inc. trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 56,027 shares of the exchange traded fund’s stock after selling 17,393 shares during the period. Foster & Motley Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EEM. Migdal Insurance & Financial Holdings Ltd. boosted its stake in iShares MSCI Emerging Markets ETF by 2.7% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,677 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 280 shares during the last quarter. Brand Asset Management Group Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Brand Asset Management Group Inc. now owns 19,750 shares of the exchange traded fund’s stock worth $794,000 after buying an additional 287 shares in the last quarter. DB Fitzpatrick & Co Inc grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% in the fourth quarter. DB Fitzpatrick & Co Inc now owns 20,667 shares of the exchange traded fund’s stock worth $831,000 after acquiring an additional 291 shares in the last quarter. Procyon Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Procyon Advisors LLC now owns 19,832 shares of the exchange traded fund’s stock valued at $797,000 after purchasing an additional 296 shares in the last quarter. Finally, Resolute Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 1.7% in the 3rd quarter. Resolute Advisors LLC now owns 18,988 shares of the exchange traded fund’s stock valued at $721,000 after purchasing an additional 316 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.1 %

EEM stock opened at $40.20 on Tuesday. The business’s 50-day moving average is $40.63 and its two-hundred day moving average is $39.45. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00.

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).