J.W. Cole Advisors Inc. Raises Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

J.W. Cole Advisors Inc. increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 60.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,623 shares of the exchange traded fund’s stock after buying an additional 34,271 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Balentine LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $28,000. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $31,000. Pacific Center for Financial Services purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $31,000. FNY Investment Advisers LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $40,000. Finally, Pin Oak Investment Advisors Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 49.0% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 1,073 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 353 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded down $0.16 during trading hours on Friday, hitting $39.71. 29,537,419 shares of the company traded hands, compared to its average volume of 26,263,490. The company’s 50 day moving average price is $40.62 and its 200 day moving average price is $39.40. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.00.

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).