iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 56.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,758 shares of the exchange traded fund’s stock after acquiring an additional 4,240 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $473,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Cetera Trust Company N.A bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $32,000. FNY Investment Advisers LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $40,000. Wetzel Investment Advisors Inc. bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $48,000. Finally, Sheets Smith Wealth Management bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $49,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $40.15 on Tuesday. The stock has a fifty day moving average price of $40.63 and a 200 day moving average price of $39.45. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.00.

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).