Chung Wu Investment Group LLC Invests $309,000 in iShares MSCI Emerging Markets ETF $EEM

Chung Wu Investment Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,400 shares of the exchange traded fund’s stock, valued at approximately $309,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. GAMMA Investing LLC boosted its stake in iShares MSCI Emerging Markets ETF by 4,270.0% in the 1st quarter. GAMMA Investing LLC now owns 66,948 shares of the exchange traded fund’s stock worth $2,926,000 after purchasing an additional 65,416 shares in the last quarter. Procyon Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.8% in the 1st quarter. Procyon Advisors LLC now owns 17,652 shares of the exchange traded fund’s stock worth $771,000 after purchasing an additional 482 shares in the last quarter. SeaCrest Wealth Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $204,000. Finally, Orrstown Financial Services Inc. increased its stake in iShares MSCI Emerging Markets ETF by 10.3% during the 1st quarter. Orrstown Financial Services Inc. now owns 13,479 shares of the exchange traded fund’s stock valued at $589,000 after purchasing an additional 1,264 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $54.23 on Monday. The company has a 50-day simple moving average of $50.93 and a two-hundred day simple moving average of $47.46. The stock has a market capitalization of $20.62 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $54.39.

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).