Kowal Investment Group LLC Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Kowal Investment Group LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 22.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,829 shares of the exchange traded fund’s stock after selling 9,561 shares during the quarter. Kowal Investment Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DDFG Inc acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $203,000. Aveo Capital Partners LLC increased 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 during the last quarter. Assetmark Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 24.2% in the fourth quarter. Assetmark Inc. now owns 9,613 shares of the exchange traded fund’s stock valued at $387,000 after acquiring an additional 1,876 shares in the last quarter. SageView Advisory Group LLC raised its holdings in iShares MSCI Emerging Markets ETF by 20.1% in 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 grew its holdings in iShares MSCI Emerging Markets ETF by 259.6% during the 4th quarter. Orion Portfolio Solutions LLC now owns 27,095 shares of the exchange traded fund’s stock worth $1,072,000 after acquiring an additional 19,561 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.2 %

NYSEARCA:EEM opened at $43.69 on Friday. The stock has a 50-day simple moving average of $42.73 and a 200 day simple moving average of $42.23. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year 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).