Woodmont Investment Counsel LLC Takes Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Woodmont Investment Counsel LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 654 shares of the exchange traded fund’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $31,000. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $32,000. Eagle Bay Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 655 shares during the last quarter. DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $34,000. Finally, FNY Investment Advisers LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $40,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM traded up $0.14 during midday trading on Tuesday, reaching $42.83. 13,275,973 shares of the company were exchanged, compared to its average volume of 28,337,313. The business’s fifty day moving average is $42.33 and its two-hundred day moving average is $40.80. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $43.87.

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).