Meridian Wealth Management LLC Purchases Shares of 61,168 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Meridian Wealth Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 61,168 shares of the exchange traded fund’s stock, valued at approximately $2,805,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Trust Co raised its stake in shares of iShares MSCI Emerging Markets ETF by 25.6% in the 2nd quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock valued at $467,000 after purchasing an additional 2,235 shares during the period. Mayflower Financial Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 28.6% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 16,403 shares of the exchange traded fund’s stock valued at $699,000 after purchasing an additional 3,648 shares during the period. Ninety One UK Ltd acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $2,666,000. Viewpoint Capital Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 2nd quarter. Viewpoint Capital Management LLC now owns 40,351 shares of the exchange traded fund’s stock valued at $1,719,000 after purchasing an additional 680 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 75.4% in the 2nd quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock valued at $1,363,000 after purchasing an additional 13,761 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $43.28 on Friday. The business’s 50-day moving average price is $44.94 and its two-hundred day moving average price is $43.52. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44.

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).