Frisch Financial Group Inc. Sells 1,452 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Frisch Financial Group Inc. lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,354 shares of the exchange traded fund’s stock after selling 1,452 shares during the quarter. Frisch Financial Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $313,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of EEM. DDFG Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $203,000. Aveo Capital Partners LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 25.7% in the 4th quarter. Aveo Capital Partners LLC now owns 74,268 shares of the exchange traded fund’s stock worth $2,986,000 after acquiring an additional 15,161 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 8.9% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 20,146 shares of the exchange traded fund’s stock worth $810,000 after acquiring an additional 1,645 shares in the last quarter. Sachetta LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $168,000. Finally, D.A. Davidson & CO. grew its stake in shares of iShares MSCI Emerging Markets ETF by 4.7% in the 4th quarter. D.A. Davidson & CO. now owns 193,467 shares of the exchange traded fund’s stock worth $7,779,000 after acquiring an additional 8,658 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.3 %

NYSEARCA EEM opened at $42.97 on Tuesday. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64. The company has a fifty day moving average price of $42.79 and a 200-day moving average price of $42.15.

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).