ZRC Wealth Management LLC Sells 5,648 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

ZRC Wealth Management LLC lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 26.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,347 shares of the exchange traded fund’s stock after selling 5,648 shares during the period. ZRC Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $630,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $31,000. Cetera Trust Company N.A bought a new position in shares of 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% in the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares during the period. Finally, DiNuzzo Private Wealth Inc. bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $34,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded up $0.63 during midday trading on Thursday, hitting $43.45. The company’s stock had a trading volume of 27,233,348 shares, compared to its average volume of 25,364,356. The stock has a fifty day moving average price of $42.49 and a 200 day moving average price of $40.86. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year 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).