iShares MSCI Emerging Markets ETF $EEM Shares Sold by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,237 shares of the exchange traded fund’s stock after selling 1,952 shares during the period. Braun Bostich & Associates Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. Snowden Capital Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 3.3% in the fourth quarter. Snowden Capital Advisors LLC now owns 7,485 shares of the exchange traded fund’s stock valued at $313,000 after acquiring an additional 236 shares during the last quarter. Coastline Trust Co lifted its position in iShares MSCI Emerging Markets ETF by 2.7% in the first quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 245 shares during the last quarter. Taylor & Morgan Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ETF by 2.0% in the first quarter. Taylor & Morgan Wealth Management LLC now owns 13,362 shares of the exchange traded fund’s stock valued at $584,000 after acquiring an additional 260 shares during the last quarter. Haverford Trust Co lifted its position in iShares MSCI Emerging Markets ETF by 1.8% in the first quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock valued at $661,000 after acquiring an additional 260 shares during the last quarter. Finally, FDx Advisors Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.1% in the first quarter. FDx Advisors Inc. now owns 5,457 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 266 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $52.26 on Monday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $52.35. The stock has a market cap of $19.87 billion, a PE ratio of 14.46 and a beta of 0.74. The firm has a fifty day moving average price of $49.62 and a 200 day moving average price of $46.51.

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).