RWA Wealth Partners LLC Purchases New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

RWA Wealth Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 180,525 shares of the exchange traded fund’s stock, valued at approximately $7,259,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sage Mountain Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 56.4% during the fourth quarter. Sage Mountain Advisors LLC now owns 11,758 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 4,240 shares during the period. Summit Wealth & Retirement Planning Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.4% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 113,893 shares of the exchange traded fund’s stock worth $4,580,000 after purchasing an additional 494 shares during the period. Prism Advisors Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.4% during the fourth quarter. Prism Advisors Inc. now owns 88,106 shares of the exchange traded fund’s stock worth $3,543,000 after purchasing an additional 329 shares during the period. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $32,000. Finally, CWM LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 5.1% during the fourth quarter. CWM LLC now owns 27,517 shares of the exchange traded fund’s stock worth $1,106,000 after acquiring an additional 1,331 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $40.28 on Tuesday. The company has a 50-day simple moving average of $40.63 and a 200-day simple moving average of $39.45. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year 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).