Linscomb Wealth Inc. Has $6.61 Million Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Linscomb Wealth Inc. reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 144,113 shares of the exchange traded fund’s stock after selling 2,014 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Fairscale Capital LLC bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Innealta Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $32,000. Covenant Partners LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% during the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares during the last quarter. Finally, Clean Yield Group acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $43,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.1 %

NYSEARCA EEM traded down $0.04 on Friday, reaching $42.91. The company had a trading volume of 5,887,747 shares, compared to its average volume of 28,436,254. iShares MSCI Emerging Markets ETF has a 52 week low of $37.48 and a 52 week high of $47.44. The stock’s 50 day moving average is $44.82 and its 200-day moving average is $43.45.

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).