Taylor & Morgan Wealth Management LLC Has $548,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Taylor & Morgan Wealth Management LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 13,102 shares of the exchange traded fund’s stock after selling 428 shares during the period. Taylor & Morgan Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $548,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in EEM. Bank of Montreal Can lifted its position in shares of iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after purchasing an additional 3,382,010 shares in the last quarter. DRW Securities LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after acquiring an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $105,980,000. Erste Asset Management GmbH bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $29,856,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $19,822,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $42.09 on Friday. The firm has a fifty day simple moving average of $42.82 and a 200 day simple moving average of $43.53. iShares MSCI Emerging Markets ETF has a 1-year low of $37.83 and a 1-year high of $47.44.

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).