Balanced Wealth Group LLC Acquires 310 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Balanced Wealth Group LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,877 shares of the exchange traded fund’s stock after acquiring an additional 310 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 0.9% of Balanced Wealth Group LLC’s holdings, making the stock its 19th biggest position. Balanced Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,003,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Pillar Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $37,000. Compass Planning Associates Inc bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $36,000. Creative Capital Management Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $38,000. Finally, Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.5 %

NYSEARCA:EEM opened at $43.96 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44. The firm has a fifty day simple moving average of $43.10 and a 200 day simple moving average of $43.71. The stock has a market capitalization of $16.28 billion, a PE ratio of 14.53 and a beta of 0.70.

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).