EWG Elevate Inc. Purchases 53,058 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

EWG Elevate Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 44.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 171,286 shares of the exchange traded fund’s stock after buying an additional 53,058 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 2.8% of EWG Elevate Inc.’s portfolio, making the stock its 11th biggest position. EWG Elevate Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,776,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. White Pine Capital LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 4.3% in the 4th quarter. White Pine Capital LLC now owns 6,045 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 250 shares during the last quarter. SOA Wealth Advisors LLC. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% in the 1st quarter. SOA Wealth Advisors LLC. now owns 16,982 shares of the exchange traded fund’s stock worth $670,000 after acquiring an additional 259 shares during the last quarter. Level Four Advisory Services LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.6% in the 2nd quarter. Level Four Advisory Services LLC now owns 16,944 shares of the exchange traded fund’s stock worth $670,000 after acquiring an additional 260 shares during the last quarter. CENTRAL TRUST Co raised its holdings in shares of iShares MSCI Emerging Markets ETF by 7.9% in the 1st quarter. CENTRAL TRUST Co now owns 3,626 shares of the exchange traded fund’s stock worth $143,000 after acquiring an additional 264 shares during the last quarter. Finally, One Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 4.2% in the 1st quarter. One Capital Management LLC now owns 6,818 shares of the exchange traded fund’s stock worth $269,000 after acquiring an additional 276 shares during the last quarter. Institutional investors and hedge funds own 76.58% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.4 %

Shares of EEM stock opened at $38.91 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $33.49 and a 52-week high of $42.53. The company has a 50-day simple moving average of $39.87 and a two-hundred day simple moving average of $39.41.

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).