iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by Abacus Planning Group Inc.

Abacus Planning Group Inc. boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 59,606 shares of the exchange traded fund’s stock after acquiring an additional 1,101 shares during the quarter. Abacus Planning Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,493,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in iShares MSCI Emerging Markets ETF by 8.3% in the third quarter. Signaturefd LLC now owns 34,997 shares of the exchange traded fund’s stock valued at $1,605,000 after buying an additional 2,692 shares in the last quarter. Eastern Bank purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $200,000. Elevated Capital Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 10.7% in the third quarter. Elevated Capital Advisors LLC now owns 6,714 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 649 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 4,429.5% during the 3rd quarter. International Assets Investment Management LLC now owns 313,035 shares of the exchange traded fund’s stock worth $14,356,000 after purchasing an additional 306,124 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 2.1% during the 3rd quarter. Global Trust Asset Management LLC now owns 19,749 shares of the exchange traded fund’s stock worth $906,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $44.62 on Thursday. The firm has a 50 day simple moving average of $42.68 and a 200-day simple moving average of $43.55. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44.

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).