Envestnet Asset Management Inc. Grows Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,597,437 shares of the exchange traded fund’s stock after purchasing an additional 632,842 shares during the quarter. Envestnet Asset Management Inc. owned about 0.81% of iShares MSCI Emerging Markets ETF worth $144,653,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $31,000. Cetera Trust Company N.A bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $32,000. Eagle Bay Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 430.9% during the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $34,000. Finally, FNY Investment Advisers LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 1.1 %

Shares of NYSEARCA EEM opened at $42.04 on Friday. The stock’s fifty day simple moving average is $41.82 and its two-hundred day simple moving average is $40.46. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $43.87.

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).