First City Capital Management Inc. Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First City Capital Management Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 31.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,224 shares of the exchange traded fund’s stock after selling 2,843 shares during the period. First City Capital Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $265,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. DDFG Inc bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $203,000. Aveo Capital Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 25.7% in the fourth quarter. Aveo Capital Partners LLC now owns 74,268 shares of the exchange traded fund’s stock worth $2,986,000 after buying an additional 15,161 shares in the last quarter. Assetmark Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 24.2% during the fourth quarter. Assetmark Inc. now owns 9,613 shares of the exchange traded fund’s stock valued at $387,000 after buying an additional 1,876 shares during the last quarter. SageView Advisory Group LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 20.1% during the fourth quarter. SageView Advisory Group LLC now owns 6,334 shares of the exchange traded fund’s stock valued at $244,000 after acquiring an additional 1,060 shares in the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 259.6% during the fourth quarter. Orion Portfolio Solutions LLC now owns 27,095 shares of the exchange traded fund’s stock valued at $1,072,000 after acquiring an additional 19,561 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.2 %

Shares of EEM opened at $43.69 on Friday. The business’s fifty day simple moving average is $42.73 and its two-hundred day simple moving average is $42.23. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $44.64.

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).