Linscomb Wealth Inc. Has $6.61 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Linscomb Wealth Inc. reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 144,113 shares of the exchange traded fund’s stock after selling 2,014 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,609,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the company. Fairscale Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $26,000. Innealta Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $32,000. Covenant Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares during the period. Finally, Clean Yield Group acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $43,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM traded down $0.04 during mid-day trading on Friday, hitting $42.91. 5,887,747 shares of the company’s stock traded hands, compared to its average volume of 28,436,254. The firm has a 50 day moving average of $44.82 and a two-hundred day moving average of $43.45. iShares MSCI Emerging Markets ETF has a 12 month low of $37.48 and a 12 month 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).