Robertson Stephens Wealth Management LLC Has $2.31 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Robertson Stephens Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 55,331 shares of the exchange traded fund’s stock after buying an additional 3,666 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Covenant Partners LLC increased its position in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Atmos Advisory LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares MSCI Emerging Markets ETF by 40.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. Finally, West Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.4 %

Shares of NYSEARCA EEM opened at $43.24 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.95 and a 1-year high of $47.44. The business’s 50 day moving average is $42.64 and its 200-day moving average is $43.43.

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).