Diversify Advisory Services LLC Invests $6.73 Million in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Diversify Advisory Services LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 147,854 shares of the exchange traded fund’s stock, valued at approximately $6,727,000.

Several other hedge funds also recently modified their holdings of EEM. Jane Street Group LLC grew its position in iShares MSCI Emerging Markets ETF by 15.2% during the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock valued at $1,017,805,000 after buying an additional 3,270,493 shares during the period. OLD Mission Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth approximately $880,516,000. Bank of Montreal Can increased its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% in the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after buying an additional 3,382,010 shares during the last quarter. LPL Financial LLC raised its position in iShares MSCI Emerging Markets ETF by 1.8% during the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock valued at $84,972,000 after purchasing an additional 35,297 shares in the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $74,532,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $45.17 on Tuesday. iShares MSCI Emerging Markets ETF has a twelve month low of $36.41 and a twelve month high of $47.44. The firm has a fifty day simple moving average of $44.49 and a two-hundred day simple moving average of $43.11.

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).