Harvest Investment Advisors LLC Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Harvest Investment Advisors LLC reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,904 shares of the exchange traded fund’s stock after selling 6,050 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 4.2% of Harvest Investment Advisors LLC’s holdings, making the stock its 5th largest position. Harvest Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,692,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Leo Brokerage LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at about $887,000. Private Advisor Group LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $4,114,000. Contravisory Investment Management Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 10.1% during the 1st quarter. Contravisory Investment Management Inc. now owns 4,335 shares of the exchange traded fund’s stock valued at $171,000 after acquiring an additional 399 shares during the period. First Commonwealth Financial Corp PA lifted its position in shares of iShares MSCI Emerging Markets ETF by 4.5% during the fourth quarter. First Commonwealth Financial Corp PA now owns 94,004 shares of the exchange traded fund’s stock worth $3,563,000 after acquiring an additional 4,022 shares in the last quarter. Finally, ZRC Wealth Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth about $43,000. 76.58% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $39.08 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $33.49 and a one year high of $42.53. The firm has a fifty day moving average price of $39.88 and a two-hundred day moving average price of $39.40.

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).