Brookstone Capital Management Sells 17,743 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Brookstone Capital Management trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 73.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,579 shares of the exchange traded fund’s stock after selling 17,743 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $275,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in EEM. American Century Companies Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $527,000. Moors & Cabot Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 12.3% in the second quarter. Moors & Cabot Inc. now owns 5,550 shares of the exchange traded fund’s stock valued at $236,000 after buying an additional 610 shares during the last quarter. Edgestream Partners L.P. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 80.1% in the second quarter. Edgestream Partners L.P. now owns 21,347 shares of the exchange traded fund’s stock valued at $909,000 after buying an additional 9,493 shares during the last quarter. Blair William & Co. IL increased its position in iShares MSCI Emerging Markets ETF by 1.9% in the second quarter. Blair William & Co. IL now owns 198,848 shares of the exchange traded fund’s stock worth $8,469,000 after purchasing an additional 3,736 shares during the period. Finally, Ieq Capital LLC increased its position in iShares MSCI Emerging Markets ETF by 23.4% in the second quarter. Ieq Capital LLC now owns 59,477 shares of the exchange traded fund’s stock worth $2,533,000 after purchasing an additional 11,280 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.8 %

Shares of EEM stock opened at $42.09 on Friday. The stock has a 50-day moving average price of $42.82 and a 200 day moving average price of $43.53. iShares MSCI Emerging Markets ETF has a 12 month low of $37.83 and a 12 month high of $47.44.

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).