iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% during the first quarter, Holdings Channel.com reports. The firm owned 496,618 shares of the exchange traded fund’s stock after selling 9,020 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $20,401,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Cetera Trust Company N.A acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $32,000. Eagle Bay Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 430.9% during the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $34,000. Finally, FNY Investment Advisers LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.7 %

Shares of NYSEARCA:EEM opened at $42.80 on Friday. The company’s fifty day moving average price is $42.22 and its 200 day moving average price is $40.75. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $43.87.

iShares MSCI Emerging Markets ETF 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).