RFG Advisory LLC Sells 10,337 Shares of iShares MSCI Emerging Markets ETF $EEM

RFG Advisory LLC lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,303 shares of the exchange traded fund’s stock after selling 10,337 shares during the quarter. RFG Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,813,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at about $26,000. Maseco LLP bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at about $27,000. Golden State Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 352 shares during the last quarter. Hemington Wealth Management bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at about $34,000. Finally, Dunhill Financial LLC increased its holdings in iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 796 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.9%

NYSEARCA EEM opened at $52.97 on Wednesday. The stock has a 50-day simple moving average of $51.61 and a 200 day simple moving average of $47.89. The company has a market capitalization of $20.14 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $54.69.

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).