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

Avidian Wealth Enterprises LLC lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,081 shares of the exchange traded fund’s stock after purchasing an additional 360 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,049,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quent Capital LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 4.7% during the fourth quarter. Quent Capital LLC now owns 536,555 shares of the exchange traded fund’s stock worth $22,439,000 after purchasing an additional 23,843 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $87,000. Bonfire Financial acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $598,000. Pineridge Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 7.1% in the 4th quarter. Pineridge Advisors LLC now owns 28,416 shares of the exchange traded fund’s stock valued at $1,188,000 after acquiring an additional 1,876 shares during the period. Finally, Bristlecone Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 92.4% in the 4th quarter. Bristlecone Advisors LLC now owns 2,720 shares of the exchange traded fund’s stock valued at $114,000 after acquiring an additional 1,306 shares during the period. 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 $43.79 on Thursday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.95 and a 52-week high of $47.44. The stock’s 50-day moving average price is $42.65 and its 200 day moving average price is $43.47.

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).