FAS Wealth Partners Inc. Sells 722 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

FAS Wealth Partners Inc. lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 20.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,888 shares of the exchange traded fund’s stock after selling 722 shares during the quarter. FAS Wealth Partners Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $123,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Klingman & Associates LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.5% during the 1st quarter. Klingman & Associates LLC now owns 17,171 shares of the exchange traded fund’s stock valued at $705,000 after purchasing an additional 252 shares during the last quarter. Patriot Investment Management Group Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.6% during the second quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock valued at $683,000 after buying an additional 259 shares during the last quarter. Joseph Group Capital Management increased its holdings in iShares MSCI Emerging Markets ETF by 12.2% in the 4th quarter. Joseph Group Capital Management now owns 2,414 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 263 shares in the last quarter. GAMMA Investing LLC raised its position in iShares MSCI Emerging Markets ETF by 22.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,532 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 282 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 15.3% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 2,166 shares of the exchange traded fund’s stock valued at $89,000 after acquiring an additional 287 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock remained flat at $43.26 on Thursday. 15,493,397 shares of the company traded hands, compared to its average volume of 27,735,201. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $44.64. The company has a 50-day moving average of $42.87 and a 200-day moving average of $41.91.

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).