First Horizon Advisors Inc. Buys 535 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First Horizon Advisors Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 21,864 shares of the exchange traded fund’s stock after purchasing an additional 535 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $914,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DRW Securities LLC grew its position in iShares MSCI Emerging Markets ETF by 603.8% during the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after buying an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $105,980,000. Erste Asset Management GmbH purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $29,856,000. Flow Traders U.S. LLC purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $17,112,000. Finally, Granite Bay Wealth Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $13,839,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $44.21 on Tuesday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The business has a 50-day simple moving average of $42.73 and a 200 day simple moving average of $43.65.

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).