Axiom Advisory LLC Has $1.38 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Axiom Advisory LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,000 shares of the exchange traded fund’s stock after purchasing an additional 500 shares during the quarter. Axiom Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,380,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sei Investments Co. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 166.1% in the first quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after buying an additional 121,314 shares during the period. Washington Trust Bank lifted its position in shares of iShares MSCI Emerging Markets ETF by 49.8% in the 4th quarter. Washington Trust Bank now owns 116,077 shares of the exchange traded fund’s stock worth $4,667,000 after acquiring an additional 38,565 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in shares of iShares MSCI Emerging Markets ETF by 7.2% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 57,836 shares of the exchange traded fund’s stock worth $2,376,000 after purchasing an additional 3,877 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $284,000. Finally, Diversified Trust Co increased its position in shares of iShares MSCI Emerging Markets ETF by 25.6% during the second quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock valued at $467,000 after purchasing an additional 2,235 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 2.5 %

Shares of EEM stock opened at $46.19 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $47.44. The stock has a fifty day moving average price of $43.44 and a 200 day moving average price of $42.64.

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).