Savvy Advisors Inc. Has $573,000 Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Savvy Advisors Inc. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,489 shares of the exchange traded fund’s stock after purchasing an additional 1,721 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $573,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in EEM. Fairscale Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $26,000. Innealta Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $32,000. Covenant Partners LLC increased its position in iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 790 shares in the last quarter. Jamison Private Wealth Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 836.5% in the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 870 shares in the last quarter. Finally, Clean Yield Group acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $43,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $43.47 on Wednesday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44. The firm has a 50-day moving average price of $44.78 and a two-hundred day moving average price of $43.44.

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).