Wealth Forward LLC Decreases Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Wealth Forward LLC lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 42.5% during the 4th quarter, Holdings Channel reports. The firm owned 7,214 shares of the exchange traded fund’s stock after selling 5,332 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 0.2% of Wealth Forward LLC’s investment portfolio, making the stock its 26th largest position. Wealth Forward LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Teachers Insurance & Annuity Association of America purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at $37,000. Covenant Partners LLC raised its position in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 790 shares in the last quarter. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. Bristlecone Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth $65,000. Finally, West Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $42.17 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.26 and a 12 month high of $47.44. The business has a 50 day simple moving average of $42.74 and a 200-day simple moving average of $43.49.

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).