Wealthedge Investment Advisors LLC Has $4.19 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Wealthedge Investment Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 214.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,492 shares of the exchange traded fund’s stock after purchasing an additional 53,551 shares during the period. iShares MSCI Emerging Markets ETF comprises about 1.6% of Wealthedge Investment Advisors LLC’s holdings, making the stock its 19th largest holding. Wealthedge Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Versant Capital Management Inc boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 366 shares in the last quarter. Richardson Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $33,000. Traub Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $34,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $37,000. Finally, Accredited Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $62.58 on Friday. The business has a 50 day moving average of $58.65 and a 200-day moving average of $55.08. The company has a market capitalization of $28.53 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96.

About iShares MSCI Emerging Markets ETF

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.