Burney Co. Sells 813 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Burney Co. cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,612 shares of the exchange traded fund’s stock after selling 813 shares during the period. Burney Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $486,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Clarus Wealth Advisors raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.7% in the third quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 232 shares during the last quarter. Rockland Trust Co. grew its position in iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in iShares MSCI Emerging Markets ETF by 1.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 279 shares during the last quarter. One Wealth Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.6% during the 3rd quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 280 shares in the last quarter. Finally, Chesapeake Wealth Management boosted its stake in shares of iShares MSCI Emerging Markets ETF by 2.1% in the 2nd quarter. Chesapeake Wealth Management now owns 16,661 shares of the exchange traded fund’s stock worth $710,000 after buying an additional 346 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of EEM opened at $42.09 on Friday. The stock has a 50 day moving average of $42.87 and a 200 day moving average of $43.53. iShares MSCI Emerging Markets ETF has a 12 month low of $37.83 and a 12 month high of $47.44.

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).