Sage Financial Management Group Inc. Purchases New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sage Financial Management Group Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,391 shares of the exchange traded fund’s stock, valued at approximately $293,000.

Several other large investors have also recently bought and sold shares of EEM. Fairscale Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $26,000. Woodmont Investment Counsel LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth about $27,000. Innealta Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $32,000. Jamison Private Wealth Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 836.5% in the 2nd 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 acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $43,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 1.0 %

Shares of EEM stock opened at $45.92 on Friday. The stock’s 50-day moving average is $44.20 and its two-hundred day moving average is $42.92. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week 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).