Bristlecone Advisors LLC Boosts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bristlecone Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 92.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,720 shares of the exchange traded fund’s stock after purchasing an additional 1,306 shares during the quarter. Bristlecone Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of EEM. Harbour Investments Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 5.8% during the 3rd quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after purchasing an additional 2,653 shares during the period. Arlington Financial Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $670,000. Endowment Wealth Management Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 19.0% during the 3rd quarter. Endowment Wealth Management Inc. now owns 19,976 shares of the exchange traded fund’s stock worth $916,000 after purchasing an additional 3,193 shares during the period. Stevens Capital Management LP grew its stake in shares of iShares MSCI Emerging Markets ETF by 10.0% during the 3rd quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock worth $9,207,000 after purchasing an additional 18,192 shares during the period. Finally, Harvest Investment Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.2% during the 3rd quarter. Harvest Investment Advisors LLC now owns 114,108 shares of the exchange traded fund’s stock worth $5,233,000 after purchasing an additional 1,300 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.2 %

Shares of NYSEARCA EEM opened at $43.72 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.95 and a 12 month high of $47.44. The firm’s 50 day simple moving average is $42.64 and its 200-day simple moving average is $43.45.

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).