Valmark Advisers Inc. Grows Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Valmark Advisers Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,877 shares of the exchange traded fund’s stock after purchasing an additional 481 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,885,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $31,000. Cetera Trust Company N.A purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $32,000. FNY Investment Advisers LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $48,000. Finally, GAMMA Investing LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.2 %

Shares of EEM traded up $0.47 during midday trading on Friday, hitting $41.17. The stock had a trading volume of 24,407,721 shares, compared to its average volume of 26,690,216. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00. The stock’s 50 day moving average is $40.71 and its 200 day moving average is $39.51.

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).