Synovus Financial Corp trimmed its stake in shares of iShares MSCI Emerging Markets Indx (NYSE:EEM) by 25.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 147,483 shares of the exchange traded fund’s stock after selling 49,641 shares during the quarter. Synovus Financial Corp’s holdings in iShares MSCI Emerging Markets Indx were worth $6,097,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Oakworth Capital Inc. increased its stake in iShares MSCI Emerging Markets Indx by 4.7% in the 2nd quarter. Oakworth Capital Inc. now owns 2,430 shares of the exchange traded fund’s stock worth $100,000 after acquiring an additional 110 shares during the last quarter. Mondrian Investment Partners LTD bought a new position in iShares MSCI Emerging Markets Indx in the 2nd quarter worth about $105,000. Accurate Investment Solutions Inc. bought a new position in iShares MSCI Emerging Markets Indx in the 2nd quarter worth about $126,000. Burt Wealth Advisors increased its stake in iShares MSCI Emerging Markets Indx by 9.6% in the 2nd quarter. Burt Wealth Advisors now owns 3,003 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 263 shares during the last quarter. Finally, BDO Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets Indx in the 2nd quarter worth about $135,000.

Shares of iShares MSCI Emerging Markets Indx (NYSE EEM) traded up 0.74% during trading on Friday, reaching $45.16. The company’s stock had a trading volume of 55,195,523 shares. The company has a 50 day moving average of $43.93 and a 200 day moving average of $41.16. iShares MSCI Emerging Markets Indx has a 12-month low of $33.94 and a 12-month high of $45.18.

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About iShares MSCI Emerging Markets Indx

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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Institutional Ownership by Quarter for iShares MSCI Emerging Markets Indx (NYSE:EEM)

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