Fonville Wealth Management LLC Buys Shares of 11,178 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Fonville Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, HoldingsChannel.com reports. The firm bought 11,178 shares of the exchange traded fund’s stock, valued at approximately $449,000.

Other hedge funds have also added to or reduced their stakes in the company. TFB Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $278,000. Evergreen Capital Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 36,552 shares of the exchange traded fund’s stock worth $1,387,000 after purchasing an additional 1,100 shares during the period. Allworth Financial LP raised its holdings in iShares MSCI Emerging Markets ETF by 2.5% in the 3rd quarter. Allworth Financial LP now owns 34,654 shares of the exchange traded fund’s stock worth $1,315,000 after purchasing an additional 843 shares during the period. Clearstead Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.4% in the 3rd quarter. Clearstead Advisors LLC now owns 53,582 shares of the exchange traded fund’s stock worth $2,033,000 after purchasing an additional 1,761 shares during the period. Finally, Burns J W & Co. Inc. NY bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $205,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock traded up $0.16 during trading on Thursday, reaching $39.87. The company had a trading volume of 20,566,280 shares, compared to its average volume of 29,282,949. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $42.00. The firm’s 50-day simple moving average is $40.61 and its 200 day simple moving average is $39.38.

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).