iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,955 shares of the exchange traded fund’s stock after selling 8,122 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,044,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EEM. Anchor Investment Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. Cetera Trust Company N.A acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $32,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $34,000. FNY Investment Advisers LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $40,000. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.9 %

iShares MSCI Emerging Markets ETF stock traded up $0.38 during midday trading on Friday, hitting $42.47. The stock had a trading volume of 31,815,171 shares, compared to its average volume of 29,777,680. The business has a fifty day moving average price of $40.84 and a 200 day moving average price of $39.66. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.49.

iShares MSCI Emerging Markets ETF Company 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).