Sequoia Financial Advisors LLC Buys 1,468 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sequoia Financial Advisors LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,761 shares of the exchange traded fund’s stock after buying an additional 1,468 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. White Pine Capital LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 4.3% during the 4th quarter. White Pine Capital LLC now owns 6,045 shares of the exchange traded fund’s stock worth $229,000 after buying an additional 250 shares during the period. Omega Financial Group LLC increased its holdings in iShares MSCI Emerging Markets ETF by 4.7% during the 3rd quarter. Omega Financial Group LLC now owns 5,962 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 269 shares in the last quarter. Brand Asset Management Group Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Brand Asset Management Group Inc. now owns 19,750 shares of the exchange traded fund’s stock valued at $794,000 after purchasing an additional 287 shares in the last quarter. DB Fitzpatrick & Co Inc increased its holdings in iShares MSCI Emerging Markets ETF by 1.4% during the 4th quarter. DB Fitzpatrick & Co Inc now owns 20,667 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 291 shares in the last quarter. Finally, Procyon Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Procyon Advisors LLC now owns 19,832 shares of the exchange traded fund’s stock valued at $797,000 after purchasing an additional 296 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 2.3 %

EEM stock opened at $40.53 on Friday. The business has a fifty day moving average price of $40.58 and a 200 day moving average price of $39.34. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $42.00.

iShares MSCI Emerging Markets ETF 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).