Affinity Capital Advisors LLC Invests $395,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Affinity Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,394 shares of the exchange traded fund’s stock, valued at approximately $395,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $26,000. Covenant Partners LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $37,000. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $40,000. Finally, West Financial Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $65,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $41.27 on Wednesday. The company’s 50-day moving average is $43.01 and its two-hundred day moving average is $43.56. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 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).