iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 5,650 shares of the exchange traded fund’s stock after acquiring an additional 626 shares during the period. United Asset Strategies Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $236,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Covenant Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd 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 in the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $40,000. West Financial Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth approximately $65,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $42.17 on Tuesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.26 and a fifty-two week high of $47.44. The stock’s fifty day moving average is $42.74 and its two-hundred day moving average is $43.49.

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).