Lionsbridge Wealth Management LLC Sells 6,409 Shares of iShares MSCI Emerging Markets ETF $EEM

Lionsbridge Wealth Management LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 34.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,132 shares of the exchange traded fund’s stock after selling 6,409 shares during the quarter. Lionsbridge Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $585,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in EEM. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Maseco LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Golden State Wealth Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares during the period. Hemington Wealth Management acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $34,000. Finally, Gladwyn Financial Advisors Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $35,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $54.92 on Tuesday. The company has a market capitalization of $20.88 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $55.03. The company’s 50 day moving average price is $52.01 and its 200-day moving average price is $48.24.

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).