iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Position Trimmed by Pure Financial Advisors LLC

Pure Financial Advisors LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,493 shares of the exchange traded fund’s stock after selling 2,068 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can boosted its position in iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after purchasing an additional 3,382,010 shares during the last quarter. DRW Securities LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $105,980,000. LPL Financial LLC increased its holdings in iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in iShares MSCI Emerging Markets ETF by 0.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after acquiring an additional 6,995 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.09 on Tuesday. The firm has a 50 day moving average of $42.82 and a two-hundred day moving average of $43.53. iShares MSCI Emerging Markets ETF has a 12 month low of $37.83 and a 12 month high of $47.44.

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).