PFG Advisors Has $543,000 Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

PFG Advisors decreased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,977 shares of the exchange traded fund’s stock after selling 263 shares during the quarter. PFG Advisors’ holdings in iShares MSCI Emerging Markets ETF were worth $543,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Shared Vision Wealth Group LLC raised its stake in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after acquiring an additional 256 shares during the period. Delap Wealth Advisory LLC raised its stake in iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 257 shares during the period. Rockland Trust Co. raised its stake in iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after acquiring an additional 260 shares during the period. Venturi Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 272 shares during the period. Finally, Sax Wealth Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 276 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.8 %

EEM opened at $44.58 on Friday. The stock has a market cap of $16.51 billion, a PE ratio of 14.53 and a beta of 0.70. The stock’s fifty day simple moving average is $43.19 and its 200 day simple moving average is $43.72. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 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).