Bar Harbor Wealth Management Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bar Harbor Wealth Management reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,761 shares of the exchange traded fund’s stock after selling 625 shares during the quarter. Bar Harbor Wealth Management’s holdings in iShares MSCI Emerging Markets ETF were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fairscale Capital LLC purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at $26,000. Covenant Partners LLC grew its position 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. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. West Financial Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $65,000. Finally, Bristlecone Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM traded down $0.26 during trading hours on Monday, reaching $40.83. The stock had a trading volume of 25,313,828 shares, compared to its average volume of 26,481,518. iShares MSCI Emerging Markets ETF has a 52 week low of $37.48 and a 52 week high of $47.44. The company has a 50 day moving average price of $43.17 and a two-hundred day moving average price of $43.58.

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).