PFW Advisors LLC Makes New $6.64 Million Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

PFW Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 158,727 shares of the exchange traded fund’s stock, valued at approximately $6,638,000. iShares MSCI Emerging Markets ETF makes up approximately 2.0% of PFW Advisors LLC’s portfolio, making the stock its 10th biggest position.

Other hedge funds have also made changes to their positions in the company. Harbour Investments Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 5.8% in the 3rd quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock valued at $2,235,000 after buying an additional 2,653 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 75.4% in the second quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after acquiring an additional 13,761 shares during the last quarter. Endowment Wealth Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 19.0% during the third quarter. Endowment Wealth Management Inc. now owns 19,976 shares of the exchange traded fund’s stock worth $916,000 after acquiring an additional 3,193 shares during the period. Stevens Capital Management LP raised its stake in iShares MSCI Emerging Markets ETF by 10.0% during the 3rd quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock valued at $9,207,000 after purchasing an additional 18,192 shares during the last quarter. Finally, Harvest Investment Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 1.2% in the 3rd quarter. Harvest Investment Advisors LLC now owns 114,108 shares of the exchange traded fund’s stock valued at $5,233,000 after purchasing an additional 1,300 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM traded down $0.28 during trading on Monday, hitting $40.81. 27,932,739 shares of the stock were exchanged, compared to its average volume of 27,203,309. The company’s fifty day simple moving average is $43.17 and its 200-day simple moving average is $43.58. 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 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).