iShares MSCI Emerging Markets ETF $EEM Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 151,784 shares of the exchange traded fund’s stock after buying an additional 26,587 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $8,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in EEM. Versant Capital Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares in the last quarter. Richardson Capital Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $33,000. Heartwood Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $37,000. Traub Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $34,000. Finally, Hemington Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $34,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $58.80 on Thursday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $60.95. The stock’s fifty day moving average is $56.21 and its 200-day moving average is $53.68. The firm has a market capitalization of $26.80 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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.