Vance Wealth Inc. Sells 7,575 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Vance Wealth Inc. lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,942 shares of the exchange traded fund’s stock after selling 7,575 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 1.4% of Vance Wealth Inc.’s investment portfolio, making the stock its 18th biggest holding. Vance Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,335,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TFB Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth $278,000. Evergreen Capital Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 3.1% in the third quarter. Evergreen Capital Management LLC now owns 36,552 shares of the exchange traded fund’s stock valued at $1,387,000 after purchasing an additional 1,100 shares during the period. Allworth Financial LP raised its position in shares of iShares MSCI Emerging Markets ETF by 2.5% in the third quarter. Allworth Financial LP now owns 34,654 shares of the exchange traded fund’s stock valued at $1,315,000 after purchasing an additional 843 shares during the period. Clearstead Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 3.4% in the third quarter. Clearstead Advisors LLC now owns 53,582 shares of the exchange traded fund’s stock valued at $2,033,000 after purchasing an additional 1,761 shares during the period. Finally, Burns J W & Co. Inc. NY bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $205,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM traded up $0.47 during trading hours on Friday, hitting $41.17. The company had a trading volume of 24,407,721 shares, compared to its average volume of 26,690,216. The business has a fifty day moving average of $40.71 and a 200-day moving average of $39.52. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.00.

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).