iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Bought by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,696 shares of the exchange traded fund’s stock after purchasing an additional 1,381 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 1.1% of Morris Financial Concepts Inc.’s holdings, making the stock its 19th largest position. Morris Financial Concepts Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,878,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $25,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $28,000. Balentine LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $28,000. Anchor Investment Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $31,000. Finally, Pacific Center for Financial Services acquired a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth $31,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 2.3 %

EEM stock traded down $0.95 during trading on Friday, reaching $40.53. 50,170,502 shares of the company’s stock were exchanged, compared to its average volume of 29,220,055. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $42.00. The company’s fifty day moving average price is $40.54 and its 200-day moving average price is $39.31.

iShares MSCI Emerging Markets ETF Company 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).