Fonville Wealth Management LLC Buys New Position in 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) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,178 shares of the exchange traded fund’s stock, valued at approximately $449,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Balentine LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $28,000. Householder Group Estate & Retirement Specialist LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $28,000. Anchor Investment Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $31,000. Pacific Center for Financial Services bought a new position in iShares MSCI Emerging Markets ETF in the first quarter worth approximately $31,000. Finally, FNY Investment Advisers LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.4 %

NYSEARCA:EEM traded up $0.16 on Thursday, hitting $39.87. The stock had a trading volume of 20,566,280 shares, compared to its average volume of 29,282,949. The business’s fifty day moving average is $40.61 and its 200 day moving average is $39.38. 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).