MONECO Advisors LLC Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

MONECO Advisors LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,424 shares of the exchange traded fund’s stock after selling 393 shares during the quarter. MONECO Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,184,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in EEM. Jane Street Group LLC increased its stake in iShares MSCI Emerging Markets ETF by 15.2% during the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after acquiring an additional 3,270,493 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth about $880,516,000. Bank of Montreal Can boosted its holdings in iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after purchasing an additional 3,382,010 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 1.8% in the 2nd quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock valued at $84,972,000 after buying an additional 35,297 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $74,532,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM traded down $0.07 on Tuesday, reaching $45.25. The company’s stock had a trading volume of 584,951 shares, compared to its average volume of 28,338,879. iShares MSCI Emerging Markets ETF has a 52-week low of $36.41 and a 52-week high of $47.44. The stock’s 50-day moving average is $44.49 and its two-hundred day moving average is $43.11.

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).