iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Colorado Capital Management Inc.

Colorado Capital Management Inc. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,092 shares of the exchange traded fund’s stock after selling 2,150 shares during the period. Colorado Capital Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,348,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Clearstead Trust LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $31,000. Pacific Center for Financial Services purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $31,000. Ahrens Investment Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $33,000. Finally, ZRC Wealth Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $43,000. Institutional investors and hedge funds own 76.58% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.6 %

NYSEARCA:EEM traded down $0.24 during mid-day trading on Tuesday, reaching $38.84. 7,866,187 shares of the stock were exchanged, compared to its average volume of 30,996,711. The company has a 50 day simple moving average of $39.87 and a 200-day simple moving average of $39.41. iShares MSCI Emerging Markets ETF has a 1 year low of $33.49 and a 1 year high of $42.53.

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).