iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,663 shares of the exchange traded fund’s stock after selling 770 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Covenant Partners LLC raised its position 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 in the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $37,000. Atmos Advisory LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $40,000. CarsonAllaria Wealth Management Ltd. lifted its position in iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. Finally, Bristlecone Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.6 %

Shares of EEM stock opened at $43.79 on Thursday. The business’s fifty day moving average is $42.65 and its 200-day moving average is $43.47. iShares MSCI Emerging Markets ETF has a 1 year low of $38.95 and a 1 year 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).