iShares MSCI Emerging Markets ETF $EEM Position Lowered by Schoolcraft Capital LLC

Schoolcraft Capital LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,107 shares of the exchange traded fund’s stock after selling 13,960 shares during the quarter. Schoolcraft Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,694,000 as of its most recent SEC filing.

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

iShares MSCI Emerging Markets ETF Trading Up 0.7%

NYSEARCA:EEM opened at $55.10 on Friday. The firm has a market capitalization of $20.95 billion, a PE ratio of 14.46 and a beta of 0.74. The stock has a 50 day moving average of $52.37 and a 200-day moving average of $48.61. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $55.21.

About iShares MSCI Emerging Markets ETF

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).