Fairway Wealth LLC Has $143,000 Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Fairway Wealth LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 99.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,526 shares of the exchange traded fund’s stock after selling 302,313 shares during the quarter. Fairway Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. BTG Pactual Asset Management US LLC lifted its position in iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $31,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $67.43 on Tuesday. The stock has a market capitalization of $29.86 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The company has a 50-day moving average of $66.64 and a two-hundred day moving average of $61.09. iShares MSCI Emerging Markets ETF has a 52-week low of $47.90 and a 52-week high of $71.57.

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). 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.