NWF Advisory Services Inc. Purchases 8,494 Shares of iShares MSCI Emerging Markets ETF $EEM

NWF Advisory Services Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 38.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,502 shares of the exchange traded fund’s stock after acquiring an additional 8,494 shares during the period. NWF Advisory Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,087,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Founders Financial Securities LLC increased its stake in iShares MSCI Emerging Markets ETF by 0.3% in the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.0% in the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after purchasing an additional 167 shares in the last quarter. Hazlett Burt & Watson Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 5.3% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after buying an additional 169 shares in the last quarter. Cim LLC raised its position in iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 182 shares during the last quarter. Finally, Nicolet Advisory Services LLC raised its position in iShares MSCI Emerging Markets ETF by 2.9% in the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 184 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $67.47 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $49.53 and a 1 year high of $71.57. The company has a market capitalization of $30.33 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm’s fifty day moving average price is $65.74 and its two-hundred day moving average price is $63.96.

iShares MSCI Emerging Markets ETF 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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.