Northeast Investment Management Lowers Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Northeast Investment Management lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,588 shares of the exchange traded fund’s stock after selling 827 shares during the period. Northeast Investment Management’s holdings in iShares MSCI Emerging Markets ETF were worth $1,363,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $37,000. Covenant Partners LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares in the last quarter. Atmos Advisory LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $40,000. CarsonAllaria Wealth Management Ltd. raised its stake in iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 349 shares in the last quarter. Finally, Bristlecone Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.1 %

Shares of NYSEARCA EEM opened at $43.20 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.95 and a 12-month high of $47.44. The stock’s fifty day simple moving average is $42.64 and its two-hundred day simple moving average is $43.43.

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).