RPg Family Wealth Advisory LLC Invests $1.68 Million in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

RPg Family Wealth Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,545 shares of the exchange traded fund’s stock, valued at approximately $1,676,000.

Several other hedge funds also recently added to or reduced their stakes in EEM. Fairscale Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at $26,000. Innealta Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $32,000. Covenant Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 836.5% during 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 during the second quarter valued at about $43,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $43.13 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44. The company’s 50 day simple moving average is $44.95 and its 200-day simple moving average is $43.54.

iShares MSCI Emerging Markets ETF 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).