Cornerstone Wealth Group LLC Has $427,000 Holdings in iShares MSCI Emerging Markets ETF $EEM

Cornerstone Wealth Group LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,843 shares of the exchange traded fund’s stock after selling 811 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Sowell Financial Services LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% in the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares during the last quarter. Red Tortoise LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% in the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock worth $1,385,000 after acquiring an additional 220 shares during the last quarter. Hardin Capital Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% in the second quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 237 shares during the last quarter. Coastline Trust Co raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.7% in the first quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 245 shares during the last quarter. Finally, Haverford Trust Co raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.8% in the first quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock worth $661,000 after acquiring an additional 260 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.9%

Shares of NYSEARCA EEM opened at $52.97 on Wednesday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $54.69. The company has a market cap of $20.14 billion, a PE ratio of 14.46 and a beta of 0.74. The company has a 50-day moving average of $51.61 and a two-hundred day moving average of $47.89.

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).