Cassaday & Co Wealth Management LLC Purchases 27,779 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Cassaday & Co Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,936,480 shares of the exchange traded fund’s stock after purchasing an additional 27,779 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 2.2% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Cassaday & Co Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $80,984,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in EEM. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Covenant Partners LLC grew its position in 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 valued at $37,000 after buying an additional 790 shares in the last quarter. Creative Capital Management Investments LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $38,000. Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. Finally, CarsonAllaria Wealth Management Ltd. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 40.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 349 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.9 %

iShares MSCI Emerging Markets ETF stock opened at $45.03 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a 50 day simple moving average of $42.70 and a 200-day simple moving average of $43.56.

iShares MSCI Emerging Markets ETF Company 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).