Apollon Wealth Management LLC Raises Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Apollon Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 111.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,496 shares of the exchange traded fund’s stock after purchasing an additional 22,390 shares during the period. Apollon Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,777,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Grove Bank & Trust raised its position in iShares MSCI Emerging Markets ETF by 7.6% during the 3rd quarter. Grove Bank & Trust now owns 69,054 shares of the exchange traded fund’s stock valued at $3,167,000 after purchasing an additional 4,890 shares in the last quarter. Corepath Wealth Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF by 2.5% in the third quarter. Corepath Wealth Partners LLC now owns 100,032 shares of the exchange traded fund’s stock worth $4,618,000 after acquiring an additional 2,426 shares during the period. Investment Advisory Group LLC purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $256,000. Donor Advised Charitable Giving Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 36.1% in the 3rd quarter. Donor Advised Charitable Giving Inc. now owns 11,034 shares of the exchange traded fund’s stock valued at $506,000 after acquiring an additional 2,924 shares during the period. Finally, Stillwater Capital Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth $299,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.2 %

Shares of EEM stock opened at $43.72 on Tuesday. The stock’s 50-day moving average is $42.64 and its 200 day moving average is $43.45. iShares MSCI Emerging Markets ETF has a 1-year low of $38.95 and a 1-year high of $47.44.

iShares MSCI Emerging Markets ETF 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).