Pineridge Advisors LLC Has $1.19 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pineridge Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,416 shares of the exchange traded fund’s stock after buying an additional 1,876 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 0.4% of Pineridge Advisors LLC’s portfolio, making the stock its 21st largest position. Pineridge Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,188,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Grove Bank & Trust lifted its holdings in iShares MSCI Emerging Markets ETF by 7.6% during the 3rd quarter. Grove Bank & Trust now owns 69,054 shares of the exchange traded fund’s stock worth $3,167,000 after buying an additional 4,890 shares in the last quarter. Corepath Wealth Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 2.5% during the third quarter. Corepath Wealth Partners LLC now owns 100,032 shares of the exchange traded fund’s stock valued at $4,618,000 after acquiring an additional 2,426 shares during the period. Investment Advisory Group LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $256,000. Donor Advised Charitable Giving Inc. increased its position in iShares MSCI Emerging Markets ETF by 36.1% in the third quarter. Donor Advised Charitable Giving Inc. now owns 11,034 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 2,924 shares during the period. Finally, Stillwater Capital Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $299,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $43.72 on Tuesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.95 and a 1 year high of $47.44. The company’s 50-day moving average is $42.64 and its two-hundred day moving average is $43.45.

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).