McKinley Carter Wealth Services Inc. Decreases Stake in iShares MSCI Emerging Markets ETF $EEM

McKinley Carter Wealth Services Inc. lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.6% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 12,683 shares of the exchange traded fund’s stock after selling 1,510 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $612,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $27,000. Golden State Wealth Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 352 shares in the last quarter. Dunhill Financial LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 796 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $41,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $51.94 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.69. The firm has a market capitalization of $19.75 billion, a P/E ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average is $51.43 and its two-hundred day moving average is $47.74.

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).