iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Position Trimmed by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,401 shares of the exchange traded fund’s stock after selling 945 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,807,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EEM. Sei Investments Co. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 166.1% during the 1st quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after buying an additional 121,314 shares during the last quarter. Washington Trust Bank boosted its stake in iShares MSCI Emerging Markets ETF by 49.8% in the fourth quarter. Washington Trust Bank now owns 116,077 shares of the exchange traded fund’s stock worth $4,667,000 after purchasing an additional 38,565 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in iShares MSCI Emerging Markets ETF by 7.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 57,836 shares of the exchange traded fund’s stock worth $2,376,000 after purchasing an additional 3,877 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at $284,000. Finally, Diversified Trust Co lifted its stake in shares of iShares MSCI Emerging Markets ETF by 25.6% during the second quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock valued at $467,000 after acquiring an additional 2,235 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.9 %

Shares of EEM opened at $47.38 on Tuesday. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $47.44. The stock’s fifty day simple moving average is $43.34 and its 200-day simple moving average is $42.60.

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).