Archford Capital Strategies LLC lowered its stake in shares of iShares MSCI Emerging Markets Indx (NYSE:EEM) by 87.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 12,152 shares of the exchange traded fund’s stock after selling 85,556 shares during the period. Archford Capital Strategies LLC’s holdings in iShares MSCI Emerging Markets Indx were worth $528,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers raised its position in shares of iShares MSCI Emerging Markets Indx by 30.6% during the second quarter. Cetera Investment Advisers now owns 16,362 shares of the exchange traded fund’s stock valued at $668,000 after buying an additional 3,831 shares during the last quarter. Wealthsource Partners LLC raised its position in shares of iShares MSCI Emerging Markets Indx by 12.1% during the second quarter. Wealthsource Partners LLC now owns 88,519 shares of the exchange traded fund’s stock valued at $3,664,000 after buying an additional 9,531 shares during the last quarter. Covington Capital Management raised its position in shares of iShares MSCI Emerging Markets Indx by 11.0% during the second quarter. Covington Capital Management now owns 29,366 shares of the exchange traded fund’s stock valued at $1,215,000 after buying an additional 2,900 shares during the last quarter. Colony Group LLC acquired a new position in shares of iShares MSCI Emerging Markets Indx during the second quarter valued at about $491,000. Finally, High Falls Advisors Inc acquired a new position in shares of iShares MSCI Emerging Markets Indx during the second quarter valued at about $408,000.

WARNING: This report was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/10/16/ishares-msci-emerging-markets-indx-eem-shares-sold-by-archford-capital-strategies-llc.html.

Shares of iShares MSCI Emerging Markets Indx (NYSE EEM) traded up 0.075% on Monday, hitting $46.695. 11,230,260 shares of the stock were exchanged. iShares MSCI Emerging Markets Indx has a one year low of $33.94 and a one year high of $46.82. The company has a 50-day moving average price of $45.29 and a 200-day moving average price of $42.57.

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).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets Indx (NYSE:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets Indx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets Indx and related companies with MarketBeat.com's FREE daily email newsletter.