Carnegie Investment Counsel Reduces Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Carnegie Investment Counsel cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,494 shares of the exchange traded fund’s stock after selling 526 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares MSCI Emerging Markets ETF were worth $206,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairscale Capital LLC bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Woodmont Investment Counsel LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter worth $27,000. Innealta Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $32,000. Jamison Private Wealth Management Inc. grew its position in 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 in the last quarter. Finally, Clean Yield Group bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $43,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 2.2 %

NYSEARCA:EEM opened at $45.17 on Wednesday. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $47.44. The business’s 50-day moving average price is $43.96 and its two-hundred day moving average price is $42.85.

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).