MFA Wealth Services Makes New $599,000 Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

MFA Wealth Services purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 14,320 shares of the exchange traded fund’s stock, valued at approximately $599,000.

A number of other hedge funds have also recently modified their holdings of EEM. Clarus Wealth Advisors raised its holdings in iShares MSCI Emerging Markets ETF by 0.7% in the 3rd quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 232 shares during the last quarter. Rockland Trust Co. grew its position in shares of 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 increased its stake in iShares MSCI Emerging Markets ETF by 3.1% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after purchasing an additional 276 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position in iShares MSCI Emerging Markets ETF by 1.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock worth $1,123,000 after buying an additional 279 shares during the period. Finally, One Wealth Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.6% in the 3rd quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.2 %

NYSEARCA EEM opened at $42.67 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.26 and a 12 month high of $47.44. The company has a 50-day moving average of $42.74 and a 200-day moving average of $43.51.

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).