Modera Wealth Management LLC Has $3.73 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Modera Wealth Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 89,228 shares of the exchange traded fund’s stock after acquiring an additional 314 shares during the period. Modera Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,732,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $41,000. Sharkey Howes & Javer acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $568,000. Noble Wealth Management PBC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $475,000. Conservest Capital Advisors Inc. increased its stake in shares of iShares MSCI Emerging Markets ETF by 9.0% in the fourth quarter. Conservest Capital Advisors Inc. now owns 11,150 shares of the exchange traded fund’s stock valued at $466,000 after buying an additional 918 shares during the period. Finally, SVB Wealth LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $4,655,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $43.21 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The company has a market cap of $16.00 billion, a PE ratio of 14.53 and a beta of 0.70. The firm’s 50 day simple moving average is $42.86 and its 200 day simple moving average is $43.69.

About iShares MSCI Emerging Markets ETF

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).