iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Element Wealth LLC

Element Wealth LLC lifted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,699 shares of the exchange traded fund’s stock after purchasing an additional 1,473 shares during the period. Element Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $489,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Navellier & Associates Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $925,000. Verger Capital Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.9% in the fourth quarter. Verger Capital Management LLC now owns 224,394 shares of the exchange traded fund’s stock valued at $9,384,000 after purchasing an additional 2,007 shares in the last quarter. Lane & Associates LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4.7% in the fourth quarter. Lane & Associates LLC now owns 8,325 shares of the exchange traded fund’s stock valued at $356,000 after purchasing an additional 374 shares in the last quarter. Compass Planning Associates Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Finally, Cassaday & Co Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after purchasing an additional 27,779 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $44.90 on Friday. The company has a 50 day moving average price of $42.72 and a 200 day moving average price of $43.59. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44.

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).