iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Holdings Lowered by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,663 shares of the exchange traded fund’s stock after selling 770 shares during the quarter. Morris Financial Concepts Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,073,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Covenant Partners LLC lifted its position 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 acquiring an additional 790 shares in the last quarter. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $40,000. CarsonAllaria Wealth Management Ltd. boosted its stake in iShares MSCI Emerging Markets ETF by 40.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. Finally, Bristlecone Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $43.79 on Thursday. The company’s fifty day moving average is $42.65 and its two-hundred day moving average is $43.47. iShares MSCI Emerging Markets ETF has a 12-month low of $38.95 and a 12-month high of $47.44.

iShares MSCI Emerging Markets ETF Profile

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).