iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Pass Below Two Hundred Day Moving Average – Should You Sell?

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $43.63 and traded as low as $41.84. iShares MSCI Emerging Markets ETF shares last traded at $41.96, with a volume of 24,975,945 shares.

iShares MSCI Emerging Markets ETF Trading Down 0.8 %

The business’s 50-day simple moving average is $43.75 and its 200 day simple moving average is $43.63.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ETF

A number of large investors have recently bought and sold shares of EEM. Fairscale Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $26,000. Covenant Partners LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. West Financial Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $65,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $65,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Company 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).