iShares MSCI Emerging Markets ETF $EEM Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 56.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,900 shares of the exchange traded fund’s stock after selling 23,200 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,225,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $3,957,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $462,000. Finally, Quantinno Capital Management LP grew its stake in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after acquiring an additional 1,320 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.4%

NYSEARCA:EEM opened at $66.77 on Wednesday. The firm has a 50-day moving average price of $65.75 and a two-hundred day moving average price of $63.88. iShares MSCI Emerging Markets ETF has a twelve month low of $49.35 and a twelve month high of $71.57. The company has a market capitalization of $30.02 billion, a P/E ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF Company 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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.