Park Edge Advisors LLC Takes $208,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Park Edge Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,060 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Woodmont Investment Counsel LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. Anchor Investment Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $31,000. Cetera Trust Company N.A acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $32,000. Eagle Bay Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 430.9% during the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 655 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $34,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock traded up $0.63 during midday trading on Thursday, hitting $43.45. 27,233,348 shares of the company’s stock were exchanged, compared to its average volume of 25,364,356. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $43.87. The firm has a 50 day moving average price of $42.49 and a 200-day moving average price of $40.86.

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).