Verger Capital Management LLC Purchases 103,216 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Verger Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 78.6% during the 4th quarter, HoldingsChannel reports. The firm owned 234,610 shares of the exchange traded fund’s stock after purchasing an additional 103,216 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 5.3% of Verger Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. Verger Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. First Interstate Bank boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 77.0% during the 4th quarter. First Interstate Bank now owns 86,712 shares of the exchange traded fund’s stock worth $3,487,000 after purchasing an additional 37,715 shares during the last quarter. SVB Wealth LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 3.3% during the 4th quarter. SVB Wealth LLC now owns 151,807 shares of the exchange traded fund’s stock valued at $6,104,000 after buying an additional 4,841 shares during the period. Crescent Grove Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 17.8% during the 4th quarter. Crescent Grove Advisors LLC now owns 25,990 shares of the exchange traded fund’s stock valued at $1,045,000 after buying an additional 3,934 shares during the period. Mycio Wealth Partners LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.6% during the 4th quarter. Mycio Wealth Partners LLC now owns 34,336 shares of the exchange traded fund’s stock valued at $1,381,000 after buying an additional 532 shares during the period. Finally, Hoxton Planning & Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 308.0% during the 4th quarter. Hoxton Planning & Management LLC now owns 35,281 shares of the exchange traded fund’s stock valued at $1,419,000 after buying an additional 26,633 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 1.3 %

Shares of EEM stock traded down $0.53 during trading on Tuesday, hitting $39.74. 43,351,578 shares of the stock traded hands, compared to its average volume of 29,446,883. The firm’s fifty day moving average price is $40.61 and its 200-day moving average price is $39.37. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $42.00.

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).