29,371 Shares of iShares MSCI Emerging Markets ETF $EEM Purchased by Sacks & Associates LLC

Sacks & Associates LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,371 shares of the exchange traded fund’s stock, valued at approximately $1,962,000. iShares MSCI Emerging Markets ETF makes up 1.4% of Sacks & Associates LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the business. Taylor & Morgan Wealth Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 3.6% in the third quarter. Taylor & Morgan Wealth Management LLC now owns 21,473 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 750 shares during the last quarter. Friday Financial grew its position in shares of iShares MSCI Emerging Markets ETF by 183.1% in the 3rd quarter. Friday Financial now owns 41,866 shares of the exchange traded fund’s stock valued at $2,797,000 after buying an additional 27,075 shares during the last quarter. ANB Bank raised its stake in iShares MSCI Emerging Markets ETF by 263.0% during the 3rd quarter. ANB Bank now owns 44,252 shares of the exchange traded fund’s stock worth $2,956,000 after acquiring an additional 32,063 shares in the last quarter. Atlas Brown Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at $2,862,000. Finally, Davidson Trust Co. acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $906,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $66.80 on Friday. The company has a market capitalization of $30.96 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a fifty-two week low of $51.82 and a fifty-two week high of $71.57. The stock has a 50-day simple moving average of $66.96 and a 200-day simple moving average of $65.36.

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.