iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,013 shares of the exchange traded fund’s stock after buying an additional 1,814 shares during the period. Valmark Advisers Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,966,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EEM. Covenant Partners LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $37,000. Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $40,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 40.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the last quarter. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $65,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of EEM stock opened at $44.41 on Monday. The stock’s 50-day moving average is $42.67 and its two-hundred day moving average is $43.50. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44.

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).