Nwam LLC Buys Shares of 27,099 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Nwam LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,099 shares of the exchange traded fund’s stock, valued at approximately $1,243,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EEM. Fairscale Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $26,000. Innealta Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $32,000. Covenant Partners LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in 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 stake 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 in the last quarter. Finally, Clean Yield Group purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $43,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $43.28 on Friday. The firm has a fifty day moving average price of $44.94 and a 200-day moving average price of $43.52. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44.

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).