Jacksonville Wealth Management LLC Purchases Shares of 35,839 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Jacksonville Wealth Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 35,839 shares of the exchange traded fund’s stock, valued at approximately $1,499,000. iShares MSCI Emerging Markets ETF makes up approximately 1.4% of Jacksonville Wealth Management LLC’s holdings, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $527,000. AQR Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 75.4% in the 2nd quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock valued at $1,363,000 after purchasing an additional 13,761 shares during the period. The Manufacturers Life Insurance Company lifted its stake in iShares MSCI Emerging Markets ETF by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after purchasing an additional 6,995 shares during the last quarter. Smith Thornton Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $209,000. Finally, Newport Capital Group LLC bought a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $1,067,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.26 and a 12-month high of $47.44. The stock’s 50 day moving average price is $42.74 and its two-hundred day moving average price is $43.50.

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).