Telemus Capital LLC Has $2.61 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Telemus Capital LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,084 shares of the exchange traded fund’s stock after selling 4,503 shares during the period. Telemus Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,614,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Graham Capital Wealth Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at about $206,823,000. Clearstead Trust LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $30,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $31,000. Pacific Center for Financial Services acquired a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at $31,000. Finally, Ahrens Investment Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $33,000. 76.58% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.4 %

EEM traded down $0.15 during midday trading on Friday, reaching $39.13. 32,981,736 shares of the company’s stock were exchanged, compared to its average volume of 31,166,637. iShares MSCI Emerging Markets ETF has a one year low of $33.49 and a one year high of $42.53. The business has a 50-day simple moving average of $39.87 and a two-hundred day simple moving average 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).