NWF Advisory Services Inc. Acquires 8,494 Shares of iShares MSCI Emerging Markets ETF $EEM

NWF Advisory Services Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 38.6% in the second quarter, HoldingsChannel.com reports. The fund owned 30,502 shares of the exchange traded fund’s stock after acquiring an additional 8,494 shares during the period. NWF Advisory Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. TD Waterhouse Canada Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 242.4% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 144,741 shares of the exchange traded fund’s stock worth $9,628,000 after buying an additional 102,464 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 173.8% during the second quarter. Concurrent Investment Advisors LLC now owns 466,139 shares of the exchange traded fund’s stock worth $31,889,000 after buying an additional 295,892 shares during the last quarter. Power Wealth Management LLC raised its position in iShares MSCI Emerging Markets ETF by 243.3% in the second quarter. Power Wealth Management LLC now owns 19,409 shares of the exchange traded fund’s stock worth $1,328,000 after acquiring an additional 13,756 shares during the period. Integrity Financial Corp WA bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth about $146,000. Finally, Continuum Advisory LLC purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $154,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $67.47 on Friday. The stock has a market capitalization of $30.33 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a one year low of $49.53 and a one year high of $71.57. The business’s fifty day moving average price is $65.74 and its 200-day moving average price is $63.96.

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). 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.