Jacksonville Wealth Management LLC Makes New Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Jacksonville Wealth Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,839 shares of the exchange traded fund’s stock, valued at approximately $1,499,000. iShares MSCI Emerging Markets ETF comprises 1.4% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Clarus Wealth Advisors boosted its position 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 buying an additional 232 shares during the last quarter. Rockland Trust Co. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% during the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after acquiring an additional 260 shares during the period. Sax Wealth Advisors LLC boosted its holdings 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 acquiring an additional 276 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in iShares MSCI Emerging Markets ETF by 1.2% in 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 purchasing an additional 279 shares during the period. Finally, One Wealth Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 2.6% during the 3rd quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 280 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.26 and a 1 year high of $47.44. The company’s 50-day moving average is $42.74 and its two-hundred day moving average is $43.50.

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).