Sovereign Financial Group Inc. Acquires 950 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sovereign Financial Group Inc. grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 4.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,768 shares of the exchange traded fund’s stock after acquiring an additional 950 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $869,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Covenant Partners LLC lifted its position 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 buying an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. Finally, West Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $41.27 on Wednesday. The stock’s 50 day simple moving average is $43.01 and its 200 day simple moving average is $43.56. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44.

About iShares MSCI Emerging Markets ETF

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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