Oppenheimer & Co. Inc. Reduces Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Oppenheimer & Co. Inc. trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,282 shares of the exchange traded fund’s stock after selling 2,344 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,544,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Fairscale Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Innealta Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $32,000. Covenant Partners LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares during the period. Jamison Private Wealth Management Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 870 shares in the last quarter. Finally, Clean Yield Group purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $43,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $42.95 on Friday. The stock has a fifty day simple moving average of $44.82 and a two-hundred day simple moving average of $43.45. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-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).