Aegis Wealth Management LLC Grows Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Aegis Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 68.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,593 shares of the exchange traded fund’s stock after purchasing an additional 3,500 shares during the quarter. Aegis Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $376,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Elequin Capital LP acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $28,000. Navigoe LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $30,000. Golden State Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 352 shares during the last quarter. Copia Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. Finally, Dunhill Financial LLC boosted its position in iShares MSCI Emerging Markets ETF by 589.6% during the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 796 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $49.20 on Wednesday. The company’s 50 day simple moving average is $47.70 and its 200-day simple moving average is $44.93. The company has a market capitalization of $18.71 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $49.96.

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).