Johnson & White Wealth Management LLC Invests $1.06 Million in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Johnson & White Wealth Management LLC purchased a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,490 shares of the exchange traded fund’s stock, valued at approximately $1,064,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at about $26,000. Covenant Partners LLC increased its position 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 valued at $37,000 after acquiring an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $37,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. Finally, West Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $40.81 on Tuesday. The company has a 50 day moving average price of $43.09 and a 200 day moving average price of $43.57. iShares MSCI Emerging Markets ETF has a fifty-two week low of $37.48 and a fifty-two week high of $47.44.

About iShares MSCI Emerging Markets ETF

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).