iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Holdings Decreased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,774 shares of the exchange traded fund’s stock after selling 19,713 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,153,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EEM. DRW Securities LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $105,980,000. LPL Financial LLC lifted its stake in iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after acquiring an additional 123,741 shares in the last quarter. Connable Office Inc. boosted its position in iShares MSCI Emerging Markets ETF by 0.9% during the 3rd quarter. Connable Office Inc. now owns 1,162,015 shares of the exchange traded fund’s stock worth $53,290,000 after acquiring an additional 10,578 shares during the period. Finally, Erste Asset Management GmbH purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $29,856,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.8 %

Shares of EEM opened at $43.17 on Wednesday. The business’s 50-day moving average is $42.65 and its 200-day moving average is $43.44. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.49 and a fifty-two week 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).