TFB Advisors LLC Purchases New Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

TFB Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,924 shares of the exchange traded fund’s stock, valued at approximately $278,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EEM. Fairfield Bush & CO. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at about $146,000. AMI Investment Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 5.7% during the first quarter. AMI Investment Management Inc. now owns 11,268 shares of the exchange traded fund’s stock worth $509,000 after acquiring an additional 605 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in iShares MSCI Emerging Markets ETF by 62.5% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 65,005 shares of the exchange traded fund’s stock worth $2,935,000 after acquiring an additional 25,000 shares in the last quarter. Moors & Cabot Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 14.5% during the first quarter. Moors & Cabot Inc. now owns 8,965 shares of the exchange traded fund’s stock worth $405,000 after acquiring an additional 1,135 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 9.3% during the first quarter. Baird Financial Group Inc. now owns 892,269 shares of the exchange traded fund’s stock worth $40,286,000 after acquiring an additional 76,229 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.4 %

NYSEARCA:EEM traded up $0.15 during mid-day trading on Friday, hitting $41.08. 28,296,307 shares of the company’s stock were exchanged, compared to its average volume of 29,563,990. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00. The business has a fifty day moving average price of $39.99 and a 200 day moving average price of $39.14.

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).