Sageworth Trust Co Has $6.86 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sageworth Trust Co grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 126.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,935 shares of the exchange traded fund’s stock after buying an additional 89,385 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 0.8% of Sageworth Trust Co’s portfolio, making the stock its 14th largest holding. Sageworth Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $6,863,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Evolution Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $40,000. JNBA Financial Advisors raised its position in shares of iShares MSCI Emerging Markets ETF by 53.9% in the 1st quarter. JNBA Financial Advisors now owns 957 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 335 shares in the last quarter. Liberty Wealth Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $42,000. Bay Harbor Wealth Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 63.8% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,073 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 418 shares in the last quarter. Finally, Granite Investment Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $53,000.

Shares of NYSEARCA:EEM traded down $0.74 during midday trading on Thursday, hitting $41.03. The stock had a trading volume of 77,797,748 shares, compared to its average volume of 67,312,258. The stock has a 50-day moving average price of $42.60. iShares MSCI Emerging Markets ETF has a fifty-two week low of $37.58 and a fifty-two week high of $44.93.

iShares MSCI Emerging Markets ETF 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).

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

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