Wealthcare Advisory Partners LLC Sells 39,377 Shares of iShares MSCI Emerging Markets ETF $EEM

Wealthcare Advisory Partners LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 65.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,554 shares of the exchange traded fund’s stock after selling 39,377 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $462,000. Finally, Quantinno Capital Management LP lifted its position in shares of iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after acquiring an additional 1,320 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $66.68 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $49.35 and a fifty-two week high of $71.57. The stock has a market cap of $29.98 billion, a PE ratio of 14.46 and a beta of 0.74. The stock has a fifty day moving average of $66.05 and a 200-day moving average of $63.25.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.