Innova Wealth Partners bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 46,915 shares of the exchange traded fund’s stock, valued at approximately $1,962,000. iShares MSCI Emerging Markets ETF comprises about 1.2% of Innova Wealth Partners’ holdings, making the stock its 28th biggest position.
Other large investors also recently bought and sold shares of the company. Fairscale Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $26,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth $37,000. Covenant Partners LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at $65,000. Finally, West Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Down 0.7 %
NYSEARCA:EEM opened at $42.00 on Wednesday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44. The company has a 50-day moving average of $43.35 and a 200 day moving average of $43.60.
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).
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Consumer Discretionary Stocks Explained
- U.S. Markets to Close for Jimmy Carter National Day of Mourning
- Profitably Trade Stocks at 52-Week Highs
- Disney: Forging a 3-Headed Sports Streaming Giant With Fubo Deal
- 3 Stocks to Consider Buying in October
- How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
