iShares MSCI Emerging Markets ETF $EEM Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 56.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,900 shares of the exchange traded fund’s stock after selling 23,200 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,225,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. BTG Pactual Asset Management US LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the period. Finally, MidFirst Bank purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $31,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.4%

Shares of NYSEARCA EEM opened at $66.77 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $49.35 and a 52 week high of $71.57. The firm has a 50-day moving average price of $65.75 and a 200 day moving average price of $63.88. The stock has a market capitalization of $30.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF Company 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). 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.