Johnson Investment Counsel Inc. Sells 2,637 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Johnson Investment Counsel Inc. lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.6% during the second quarter, Holdings Channel.com reports. The firm owned 44,047 shares of the exchange traded fund’s stock after selling 2,637 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,743,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in EEM. Fairfield Bush & CO. bought a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at about $146,000. AMI Investment Management Inc. boosted its position in iShares MSCI Emerging Markets ETF by 5.7% during the first quarter. AMI Investment Management Inc. now owns 11,268 shares of the exchange traded fund’s stock valued at $509,000 after purchasing an additional 605 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in iShares MSCI Emerging Markets ETF by 62.5% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 65,005 shares of the exchange traded fund’s stock valued at $2,935,000 after purchasing an additional 25,000 shares in the last quarter. Moors & Cabot Inc. boosted its position in iShares MSCI Emerging Markets ETF by 14.5% during the first quarter. Moors & Cabot Inc. now owns 8,965 shares of the exchange traded fund’s stock valued at $405,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 9.3% in the first quarter. Baird Financial Group Inc. now owns 892,269 shares of the exchange traded fund’s stock worth $40,286,000 after acquiring an additional 76,229 shares in the last quarter. Institutional investors own 76.58% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $39.36 on Friday. The business has a 50-day simple moving average of $38.05 and a two-hundred day simple moving average of $39.10. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $42.53.

iShares MSCI Emerging Markets ETF Company 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).