Flagstar Advisors Inc. Sells 804 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Flagstar Advisors Inc. cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.0% in the first quarter, Holdings Channel reports. The institutional investor owned 15,152 shares of the exchange traded fund’s stock after selling 804 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $622,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $31,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $32,000. Eagle Bay Advisors LLC grew its stake in shares of 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 valued at $32,000 after buying an additional 655 shares during the last quarter. DiNuzzo Private Wealth Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $34,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded down $0.10 during mid-day trading on Tuesday, hitting $42.57. The company’s stock had a trading volume of 25,337,243 shares, compared to its average volume of 28,699,545. The company has a 50 day moving average of $42.17 and a 200-day moving average of $40.74. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $43.87.

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).