Financial Advocates Investment Management Boosts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Financial Advocates Investment Management boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 139.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,090 shares of the exchange traded fund’s stock after buying an additional 12,854 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares MSCI Emerging Markets ETF were worth $924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Covenant Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the period. Teachers Insurance & Annuity Association of America purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $37,000. Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $40,000. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 349 shares in the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $43.20 on Friday. 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 simple moving average is $42.65 and its 200 day simple moving average is $43.43.

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).