Foster & Motley Inc. Has $2.11 Million Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Foster & Motley Inc. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,498 shares of the exchange traded fund’s stock after selling 6,384 shares during the quarter. Foster & Motley Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,108,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth $27,000. Eagle Bay Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 655 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $32,000. Jamison Private Wealth Management Inc. increased its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% in the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 870 shares during the last quarter. Finally, Clean Yield Group acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $43,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $42.56 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $44.64. The firm has a 50 day moving average price of $42.91 and a 200 day moving average price of $42.03.

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).