Fluent Financial LLC Sells 6,342 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Fluent Financial LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.3% in the fourth quarter, Holdings Channel reports. The fund owned 55,255 shares of the exchange traded fund’s stock after selling 6,342 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 1.5% of Fluent Financial LLC’s portfolio, making the stock its 24th largest position. Fluent Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,479,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Compass Ion Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $373,000. IFP Advisors Inc grew its position in shares of iShares MSCI Emerging Markets ETF by 76.8% during the 4th quarter. IFP Advisors Inc now owns 45,220 shares of the exchange traded fund’s stock valued at $2,040,000 after acquiring an additional 19,646 shares during the period. Price Wealth LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 2.3% during the 4th quarter. Price Wealth LLC now owns 461,892 shares of the exchange traded fund’s stock valued at $20,725,000 after buying an additional 10,418 shares in the last quarter. Allworth Financial LP lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4.6% during the 4th quarter. Allworth Financial LP now owns 8,306 shares of the exchange traded fund’s stock valued at $373,000 after buying an additional 368 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% during the 4th quarter. Wedbush Securities Inc. now owns 12,900 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 396 shares in the last quarter.

Shares of EEM stock traded up $0.13 during trading on Friday, reaching $46.10. 9,666,229 shares of the company’s stock traded hands, compared to its average volume of 67,067,742. The firm’s 50-day moving average is $44.37 and its 200 day moving average is $42.40. iShares MSCI Emerging Markets ETF has a 1 year low of $38.72 and a 1 year high of $46.32.

The firm also recently declared a semi-annual dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.929 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Monday, December 16th.

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).

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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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