Beirne Wealth Consulting Services LLC Buys 1,838 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Beirne Wealth Consulting Services LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 108,486 shares of the exchange traded fund’s stock after buying an additional 1,838 shares during the period. iShares MSCI Emerging Markets ETF makes up about 1.6% of Beirne Wealth Consulting Services LLC’s portfolio, making the stock its 13th largest position. Beirne Wealth Consulting Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,537,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. DRW Securities LLC grew its stake in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth $105,980,000. Erste Asset Management GmbH bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $29,856,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $19,822,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $17,112,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $44.69 on Wednesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The company’s 50 day moving average price is $42.67 and its two-hundred day moving average price is $43.54.

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).