KFA Private Wealth Group LLC Invests $431,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

KFA Private Wealth Group LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, HoldingsChannel reports. The firm acquired 10,295 shares of the exchange traded fund’s stock, valued at approximately $431,000.

A number of other large investors also recently modified their holdings of EEM. Covenant Partners LLC raised its holdings 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 purchasing an additional 790 shares during the period. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $37,000. Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $40,000. West Financial Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $65,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth 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

iShares MSCI Emerging Markets ETF stock opened at $42.17 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.26 and a 12 month high of $47.44. The stock’s 50-day moving average is $42.74 and its 200-day moving average is $43.49.

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).