Verdence Capital Advisors LLC Purchases 2,043 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Verdence Capital Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 187,960 shares of the exchange traded fund’s stock after acquiring an additional 2,043 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,620,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $32,000. Covenant Partners LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Jamison Private Wealth Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 870 shares during the last quarter. Finally, Clean Yield Group bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $43,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $44.65 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year high of $47.44. The company’s fifty day moving average price is $44.76 and its 200-day moving average price is $43.38.

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).