Sax Wealth Advisors LLC Has $380,000 Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sax Wealth Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,080 shares of the exchange traded fund’s stock after purchasing an additional 276 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $380,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Merit Financial Group LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 27.5% in the 4th quarter. Merit Financial Group LLC now owns 27,202 shares of the exchange traded fund’s stock valued at $1,138,000 after purchasing an additional 5,874 shares during the period. Truefg LLC increased its position in iShares MSCI Emerging Markets ETF by 7.1% during the fourth quarter. Truefg LLC now owns 4,987 shares of the exchange traded fund’s stock worth $209,000 after buying an additional 331 shares during the last quarter. BFI Infinity Ltd. bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $562,000. West Financial Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 67.1% in the fourth quarter. West Financial Advisors LLC now owns 2,370 shares of the exchange traded fund’s stock valued at $99,000 after buying an additional 952 shares during the period. Finally, Connective Portfolio Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $1,673,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.09 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.83 and a 1-year high of $47.44. The business’s 50 day simple moving average is $42.82 and its 200 day simple moving average is $43.53.

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).