Parsons Capital Management Inc. RI Sells 2,035 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Parsons Capital Management Inc. RI cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,601 shares of the exchange traded fund’s stock after selling 2,035 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares MSCI Emerging Markets ETF were worth $2,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EEM. American Century Companies Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $391,000. Mercer Global Advisors Inc. ADV bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $411,000. Flagship Harbor Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 16.1% in the 1st quarter. Flagship Harbor Advisors LLC now owns 10,237 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 1,423 shares during the period. DORCHESTER WEALTH MANAGEMENT Co bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $258,000. Finally, Nwam LLC lifted its stake in iShares MSCI Emerging Markets ETF by 6.5% in the 1st quarter. Nwam LLC now owns 42,089 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 2,566 shares in the last quarter.

NYSEARCA EEM traded up $0.29 on Thursday, hitting $39.03. The stock had a trading volume of 3,142,675 shares, compared to its average volume of 69,382,977. iShares MSCI Emerging Markets ETF has a 52-week low of $37.58 and a 52-week high of $44.84. The business has a 50-day moving average of $42.03.

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).

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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