Parkside Investments LLC Acquires New Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Parkside Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,751 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $30,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter worth $31,000. Pacific Center for Financial Services acquired a new position in iShares MSCI Emerging Markets ETF during the first quarter worth $31,000. Ahrens Investment Partners LLC bought a new position in iShares MSCI Emerging Markets ETF in the first quarter valued at $33,000. Finally, ZRC Wealth Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $43,000. 76.58% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 0.3 %

NYSEARCA:EEM traded down $0.10 on Friday, hitting $39.18. 11,267,043 shares of the company’s stock were exchanged, compared to its average volume of 31,033,109. The firm has a 50-day moving average price of $39.87 and a 200-day moving average price of $39.40. iShares MSCI Emerging Markets ETF has a 52 week low of $33.49 and a 52 week high of $42.53.

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).