Corepath Wealth Partners LLC Has $4.30 Million Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Corepath Wealth Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,292 shares of the exchange traded fund’s stock after purchasing an additional 4,260 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 4.2% of Corepath Wealth Partners LLC’s investment portfolio, making the stock its 9th largest holding. Corepath Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. DRW Securities LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $105,980,000. Erste Asset Management GmbH purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at about $29,856,000. Flagship Harbor Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $19,822,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $17,112,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $42.54 on Wednesday. The firm’s 50 day moving average is $42.78 and its 200 day moving average is $43.52. iShares MSCI Emerging Markets ETF has a 12 month low of $37.91 and a 12 month high of $47.44.

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).