Waterway Wealth Management LLC Has $325,000 Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Waterway Wealth Management LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,782 shares of the exchange traded fund’s stock after acquiring an additional 986 shares during the quarter. Waterway Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. DRW Securities LLC increased its stake 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 worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $105,980,000. LPL Financial LLC increased its position in iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock worth $80,984,000 after buying an additional 27,779 shares during the last quarter. Finally, Total Investment Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 3.7% in the fourth quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock valued at $64,456,000 after acquiring an additional 54,732 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.9 %

Shares of iShares MSCI Emerging Markets ETF stock opened at $43.81 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The company’s fifty day simple moving average is $42.84 and its 200-day simple moving average is $43.67. The company has a market cap of $16.23 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).