Madden Advisory Services Inc. Buys 859 Shares of iShares MSCI Emerging Markets ETF $EEM

Madden Advisory Services Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% during the second quarter, Holdings Channel reports. The firm owned 11,132 shares of the exchange traded fund’s stock after acquiring an additional 859 shares during the period. Madden Advisory Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $537,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Maseco LLP bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $27,000. Golden State Wealth Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares during the period. Dunhill Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 796 shares during the period. Finally, Smallwood Wealth Investment Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth $41,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $54.06 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $54.69. The stock has a market capitalization of $20.56 billion, a P/E ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average is $51.14 and its 200 day moving average is $47.58.

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).