iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Holdings Trimmed by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,648 shares of the exchange traded fund’s stock after selling 952 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Harbour Investments Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 5.8% during the third quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after purchasing an additional 2,653 shares during the period. AQR Capital Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 75.4% during the 2nd quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after buying an additional 13,761 shares during the period. Endowment Wealth Management Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 19.0% during the 3rd quarter. Endowment Wealth Management Inc. now owns 19,976 shares of the exchange traded fund’s stock worth $916,000 after buying an additional 3,193 shares during the period. Stevens Capital Management LP lifted its stake in iShares MSCI Emerging Markets ETF by 10.0% during the third quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock valued at $9,207,000 after buying an additional 18,192 shares in the last quarter. Finally, Harvest Investment Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.2% in the third quarter. Harvest Investment Advisors LLC now owns 114,108 shares of the exchange traded fund’s stock worth $5,233,000 after buying an additional 1,300 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $42.17 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.26 and a 52-week high of $47.44. The company’s 50 day simple moving average is $42.74 and its 200-day simple moving average is $43.49.

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).