iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) is WealthBridge Investment Counsel Inc.’s 7th Largest Position

WealthBridge Investment Counsel Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 227,210 shares of the exchange traded fund’s stock after selling 2,600 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 3.7% of WealthBridge Investment Counsel Inc.’s investment portfolio, making the stock its 7th biggest holding. WealthBridge Investment Counsel Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $10,420,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sei Investments Co. raised its stake in iShares MSCI Emerging Markets ETF by 166.1% in the first quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock worth $7,983,000 after buying an additional 121,314 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its holdings in iShares MSCI Emerging Markets ETF by 7.2% in the first quarter. Massmutual Trust Co. FSB ADV now owns 57,836 shares of the exchange traded fund’s stock worth $2,376,000 after purchasing an additional 3,877 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter worth $284,000. Diversified Trust Co grew its holdings in iShares MSCI Emerging Markets ETF by 25.6% in the second quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock worth $467,000 after purchasing an additional 2,235 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth $278,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM traded up $0.12 on Thursday, hitting $46.06. The stock had a trading volume of 12,713,400 shares, compared to its average volume of 28,739,523. The business’s fifty day moving average price is $43.58 and its 200 day moving average price is $42.70. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $47.44.

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).