LGL Partners LLC Grows Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

LGL Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 247,502 shares of the exchange traded fund’s stock after acquiring an additional 3,001 shares during the period. iShares MSCI Emerging Markets ETF makes up about 1.4% of LGL Partners LLC’s holdings, making the stock its 16th largest holding. LGL Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. Cetera Trust Company N.A purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $32,000. FNY Investment Advisers LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $48,000. Finally, GAMMA Investing LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $48,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 1.2 %

Shares of NYSEARCA:EEM traded down $0.49 during trading on Tuesday, reaching $41.08. The stock had a trading volume of 18,884,741 shares, compared to its average volume of 28,763,254. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00. The firm’s 50-day simple moving average is $40.74 and its 200 day simple moving average is $39.55.

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).