Sonata Capital Group Inc. cut its stake in iShares MSCI Emerging Markets Indx (NYSE:EEM) by 6.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,058 shares of the exchange traded fund’s stock after selling 2,656 shares during the period. iShares MSCI Emerging Markets Indx makes up about 1.3% of Sonata Capital Group Inc.’s investment portfolio, making the stock its 20th largest position. Sonata Capital Group Inc.’s holdings in iShares MSCI Emerging Markets Indx were worth $1,699,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of EEM. Oakworth Capital Inc. raised its stake in iShares MSCI Emerging Markets Indx by 4.7% in the second quarter. Oakworth Capital Inc. now owns 2,430 shares of the exchange traded fund’s stock valued at $100,000 after buying an additional 110 shares during the last quarter. Accurate Investment Solutions Inc. purchased a new stake in iShares MSCI Emerging Markets Indx during the second quarter valued at about $126,000. Grove Bank & Trust raised its stake in iShares MSCI Emerging Markets Indx by 119.1% in the second quarter. Grove Bank & Trust now owns 3,458 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,880 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in iShares MSCI Emerging Markets Indx by 18.6% in the second quarter. JFS Wealth Advisors LLC now owns 3,833 shares of the exchange traded fund’s stock valued at $159,000 after buying an additional 601 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets Indx during the second quarter valued at about $211,000.

Shares of iShares MSCI Emerging Markets Indx (NYSE:EEM) opened at 44.26 on Wednesday. iShares MSCI Emerging Markets Indx has a 1-year low of $33.94 and a 1-year high of $44.58. The stock has a 50 day moving average of $42.54 and a 200 day moving average of $40.20. iShares MSCI Emerging Markets Indx also was the recipient of unusually large options trading on Monday. Traders purchased 40,084 call options on the stock. This is an increase of approximately 586% compared to the average daily volume of 5,845 call options.

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About iShares MSCI Emerging Markets Indx

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 Indx (NYSE:EEM)

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