Fortis Group Advisors LLC Boosts Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Fortis Group Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 39,763.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,155 shares of the exchange traded fund’s stock after buying an additional 13,122 shares during the quarter. Fortis Group Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $550,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Rockland Trust Co. raised its position in iShares MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after purchasing an additional 260 shares during the period. Sax Wealth Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares during the period. Glass Jacobson Investment Advisors llc lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock worth $1,123,000 after acquiring an additional 279 shares during the last quarter. Griffin Asset Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 5.1% during the fourth quarter. Griffin Asset Management Inc. now owns 5,726 shares of the exchange traded fund’s stock worth $239,000 after buying an additional 279 shares during the period. Finally, Truefg LLC grew its position in iShares MSCI Emerging Markets ETF by 7.1% in the 4th quarter. Truefg LLC now owns 4,987 shares of the exchange traded fund’s stock valued at $209,000 after acquiring an additional 331 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of EEM opened at $44.41 on Tuesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The firm’s 50 day moving average price is $42.67 and its 200 day moving average price is $43.50.

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).