41,444 Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Bought by Udine Wealth Management Inc.

Udine Wealth Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 41,444 shares of the exchange traded fund’s stock, valued at approximately $1,703,000. iShares MSCI Emerging Markets ETF comprises about 1.2% of Udine Wealth Management Inc.’s holdings, making the stock its 23rd largest position.

A number of other hedge funds have also bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. Cetera Trust Company N.A acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $32,000. Eagle Bay Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 655 shares during the last quarter. DiNuzzo Private Wealth Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $34,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.4 %

EEM traded up $0.15 during midday trading on Monday, reaching $42.74. The company had a trading volume of 8,182,881 shares, compared to its average volume of 28,372,822. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $43.87. The business has a 50-day moving average price of $42.33 and a two-hundred day moving average price of $40.80.

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).