Cranbrook Wealth Management LLC Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Cranbrook Wealth Management LLC trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,577 shares of the exchange traded fund’s stock after selling 294 shares during the period. Cranbrook Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEM. Harbour Investments Inc. raised its stake in 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 valued at $2,235,000 after purchasing an additional 2,653 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 75.4% in 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 last quarter. Endowment Wealth Management Inc. raised its position in shares of 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 valued at $916,000 after buying an additional 3,193 shares in the last quarter. Stevens Capital Management LP lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 10.0% in the 3rd quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock valued at $9,207,000 after acquiring an additional 18,192 shares during the last quarter. Finally, Harvest Investment Advisors LLC grew its position in 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 acquiring an additional 1,300 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $42.09 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $37.83 and a 1 year high of $47.44. The stock’s 50 day simple moving average is $42.87 and its two-hundred day simple moving average is $43.53.

About iShares MSCI Emerging Markets ETF

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).