Papp L Roy & Associates Decreases Stock Position in iShares MSCI BRIC ETF (NYSEARCA:BKF)

Papp L Roy & Associates reduced its position in iShares MSCI BRIC ETF (NYSEARCA:BKF) by 64.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,694 shares of the company’s stock after selling 6,806 shares during the period. Papp L Roy & Associates owned about 0.09% of iShares MSCI BRIC ETF worth $210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC purchased a new position in iShares MSCI BRIC ETF in the 2nd quarter worth approximately $45,000. Envestnet Asset Management Inc. grew its position in iShares MSCI BRIC ETF by 13.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,923 shares of the company’s stock worth $280,000 after purchasing an additional 839 shares during the period. Commonwealth Equity Services LLC grew its position in iShares MSCI BRIC ETF by 4.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,818 shares of the company’s stock worth $518,000 after purchasing an additional 595 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its position in iShares MSCI BRIC ETF by 6.5% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,049 shares of the company’s stock worth $554,000 after purchasing an additional 799 shares during the period. Finally, OTA Financial Group L.P. bought a new stake in iShares MSCI BRIC ETF in the 2nd quarter worth approximately $638,000.

NYSEARCA:BKF traded down $0.50 during trading hours on Friday, reaching $43.29. The company had a trading volume of 9,745 shares, compared to its average volume of 103,260. iShares MSCI BRIC ETF has a 52 week low of $36.58 and a 52 week high of $44.43. The firm’s 50 day moving average price is $41.51 and its 200-day moving average price is $41.39.

iShares MSCI BRIC ETF Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).

See Also: Hedge Funds

Institutional Ownership by Quarter for iShares MSCI BRIC ETF (NYSEARCA:BKF)

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