Alexander Randolph Advisory Inc. Takes $745,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Alexander Randolph Advisory Inc. acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, HoldingsChannel reports. The fund acquired 18,536 shares of the exchange traded fund’s stock, valued at approximately $745,000.

Several other large investors also recently made changes to their positions in the stock. Coastline Trust Co raised its stake in iShares MSCI Emerging Markets ETF by 14.9% in the 3rd quarter. Coastline Trust Co now owns 12,722 shares of the exchange traded fund’s stock valued at $483,000 after acquiring an additional 1,653 shares during the period. Simplicity Solutions LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $312,000. Baron Financial Group LLC raised its stake in iShares MSCI Emerging Markets ETF by 0.8% in the 3rd quarter. Baron Financial Group LLC now owns 104,199 shares of the exchange traded fund’s stock valued at $3,954,000 after acquiring an additional 835 shares during the period. Connecticut Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 23.4% in the 3rd quarter. Connecticut Wealth Management LLC now owns 63,650 shares of the exchange traded fund’s stock valued at $2,416,000 after acquiring an additional 12,060 shares during the period. Finally, Oak Harbor Wealth Partners LLC raised its stake in iShares MSCI Emerging Markets ETF by 36.5% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 16,721 shares of the exchange traded fund’s stock valued at $635,000 after acquiring an additional 4,468 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.2 %

EEM traded up $0.47 during trading hours on Friday, reaching $41.17. The company’s stock had a trading volume of 24,407,721 shares, compared to its average volume of 26,690,216. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $42.00. The company’s 50-day moving average is $40.71 and its 200-day moving average is $39.52.

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).