Wealth Enhancement Advisory Services LLC Purchases 39,162 Shares of iShares MSCI Emerging Markets ETF $EEM

Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 472,835 shares of the exchange traded fund’s stock after buying an additional 39,162 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.12% of iShares MSCI Emerging Markets ETF worth $25,561,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc raised its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 366 shares in the last quarter. Maseco LLP bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $27,000. Hemington Wealth Management purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $34,000. Traub Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at $34,000. Finally, Gladwyn Financial Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.7%

Shares of NYSEARCA EEM opened at $58.26 on Thursday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $58.48. The firm’s 50-day moving average price is $55.11 and its 200-day moving average price is $52.91. The stock has a market capitalization of $23.88 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.