iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Fairway Wealth LLC

Fairway Wealth LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 94.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,841 shares of the exchange traded fund’s stock after buying an additional 3,315 shares during the period. Fairway Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fairscale Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $26,000. Innealta Capital LLC purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $32,000. Covenant Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares during the period. Finally, Clean Yield Group acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $43,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $44.65 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year high of $47.44. The stock’s 50 day moving average price is $44.76 and its 200 day moving average price is $43.38.

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).