Meridian Wealth Management LLC Raises Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Meridian Wealth Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,484 shares of the exchange traded fund’s stock after buying an additional 316 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,571,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Shared Vision Wealth Group LLC lifted its position in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after acquiring an additional 256 shares in the last quarter. Fidelis Capital Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 59.7% in the fourth quarter. Fidelis Capital Partners LLC now owns 28,545 shares of the exchange traded fund’s stock worth $1,211,000 after purchasing an additional 10,670 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $845,000. Jones Financial Companies Lllp lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 70.3% during the fourth quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares in the last quarter. Finally, Modera Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 0.4% in the 4th quarter. Modera Wealth Management LLC now owns 89,228 shares of the exchange traded fund’s stock worth $3,732,000 after buying an additional 314 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $42.83 on Tuesday. The company’s 50-day simple moving average is $42.87 and its two-hundred day simple moving average is $43.69. The stock has a market capitalization of $15.86 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.

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).