TCG Advisory Services LLC Makes New Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

TCG Advisory Services LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 12,697 shares of the exchange traded fund’s stock, valued at approximately $511,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $32,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $34,000. FNY Investment Advisers LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM traded up $0.38 during trading on Friday, hitting $42.47. The company’s stock had a trading volume of 31,815,171 shares, compared to its average volume of 29,777,680. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $42.49. The business has a 50 day moving average price of $40.84 and a two-hundred day moving average price of $39.66.

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).