Financial Solutions Advisory Group Inc. Takes $535,000 Position in iShares MSCI Emerging Markets ETF $EEM

Financial Solutions Advisory Group Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 9,424 shares of the exchange traded fund’s stock, valued at approximately $535,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EEM. MidAtlantic Capital Management Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. BTG Pactual Asset Management US LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.8%

NYSEARCA EEM opened at $64.09 on Friday. The company has a market cap of $28.81 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a twelve month low of $47.98 and a twelve month high of $71.57. The business’s fifty day moving average is $66.64 and its 200 day moving average is $62.73.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.