Beirne Wealth Consulting Services LLC Sells 732 Shares of iShares MSCI Emerging Markets ETF $EEM

Beirne Wealth Consulting Services LLC cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 107,633 shares of the exchange traded fund’s stock after selling 732 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 1.7% of Beirne Wealth Consulting Services LLC’s portfolio, making the stock its 17th largest holding. Beirne Wealth Consulting Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,192,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $26,000. Maseco LLP bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $27,000. Golden State Wealth Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares during the period. Hemington Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $35,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $55.69 on Wednesday. The stock has a market cap of $21.18 billion, a PE ratio of 14.46 and a beta of 0.64. The business has a fifty day moving average of $52.60 and a two-hundred day moving average of $48.87. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $55.77.

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).