iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 19.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,856 shares of the exchange traded fund’s stock after selling 3,404 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $579,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in EEM. DRW Securities LLC lifted its position in iShares MSCI Emerging Markets ETF by 603.8% during the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $105,980,000. LPL Financial LLC lifted its position in iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares during the period. Connable Office Inc. lifted its position in iShares MSCI Emerging Markets ETF by 0.9% during the third quarter. Connable Office Inc. now owns 1,162,015 shares of the exchange traded fund’s stock valued at $53,290,000 after purchasing an additional 10,578 shares during the period. Finally, Erste Asset Management GmbH acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $29,856,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $44.41 on Friday. The company has a fifty day moving average of $42.66 and a 200 day moving average of $43.47. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44.

About iShares MSCI Emerging Markets ETF

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).