Cetera Investment Advisers Sells 23,765 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Cetera Investment Advisers lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 322,813 shares of the exchange traded fund’s stock after selling 23,765 shares during the quarter. Cetera Investment Advisers owned approximately 0.07% of iShares MSCI Emerging Markets ETF worth $13,749,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $26,000. Woodmont Investment Counsel LLC bought a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $32,000. Jamison Private Wealth Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 836.5% during the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares during the period. Finally, Clean Yield Group acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $43,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $46.97 on Friday. The company’s fifty day simple moving average is $43.34 and its 200 day simple moving average is $42.57. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $47.15.

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).