GLOBALT Investments LLC GA Decreases Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

GLOBALT Investments LLC GA trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.1% in the third quarter, Holdings Channel reports. The firm owned 274,705 shares of the exchange traded fund’s stock after selling 8,700 shares during the period. iShares MSCI Emerging Markets ETF makes up 0.5% of GLOBALT Investments LLC GA’s portfolio, making the stock its 26th biggest position. GLOBALT Investments LLC GA’s holdings in iShares MSCI Emerging Markets ETF were worth $12,598,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $42.95 on Monday. The firm has a 50-day moving average of $44.84 and a two-hundred day moving average of $43.50. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44.

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).