Bar Harbor Wealth Management Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bar Harbor Wealth Management lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.1% during the 4th quarter, HoldingsChannel reports. The fund owned 29,761 shares of the exchange traded fund’s stock after selling 625 shares during the period. Bar Harbor Wealth Management’s holdings in iShares MSCI Emerging Markets ETF were worth $1,245,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in EEM. American Century Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $527,000. Oppenheimer & Co. Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.8% during the second quarter. Oppenheimer & Co. Inc. now owns 79,626 shares of the exchange traded fund’s stock valued at $3,391,000 after acquiring an additional 1,439 shares in the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 77.9% in the second quarter. Wealthspire Advisors LLC now owns 72,605 shares of the exchange traded fund’s stock valued at $3,092,000 after purchasing an additional 31,788 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 19.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 68,448 shares of the exchange traded fund’s stock valued at $2,915,000 after purchasing an additional 11,121 shares during the period. Finally, Hoge Financial Services LLC grew its stake in iShares MSCI Emerging Markets ETF by 4.2% in the second quarter. Hoge Financial Services LLC now owns 71,964 shares of the exchange traded fund’s stock worth $3,065,000 after purchasing an additional 2,925 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.6 %

NYSEARCA EEM traded down $0.26 on Monday, reaching $40.83. 25,313,828 shares of the stock traded hands, compared to its average volume of 26,481,518. iShares MSCI Emerging Markets ETF has a 12 month low of $37.48 and a 12 month high of $47.44. The company has a fifty day moving average price of $43.17 and a 200-day moving average price of $43.58.

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).