Prospera Financial Services Inc Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Prospera Financial Services Inc cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,166 shares of the exchange traded fund’s stock after selling 9,408 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $3,906,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EEM. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $26,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $32,000. Covenant Partners LLC raised its holdings 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 during the last quarter. Jamison Private Wealth Management Inc. lifted its position in iShares MSCI Emerging Markets ETF by 836.5% during the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 870 shares during the period. Finally, Clean Yield Group purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth approximately $43,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.1 %

Shares of EEM opened at $43.41 on Wednesday. The firm has a fifty day simple moving average of $44.89 and a two-hundred day simple moving average of $43.51. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44.

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).