Colton Groome Financial Advisors LLC Raises Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Colton Groome Financial Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% in the third quarter, HoldingsChannel.com reports. The fund owned 249,916 shares of the exchange traded fund’s stock after acquiring an additional 4,417 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 4.3% of Colton Groome Financial Advisors LLC’s portfolio, making the stock its 4th largest holding. Colton Groome Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,461,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairscale Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at $26,000. Woodmont Investment Counsel LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. Innealta Capital LLC purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $32,000. Covenant Partners LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares during the last quarter. Finally, Jamison Private Wealth Management Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 836.5% in the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 870 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 0.1 %

Shares of EEM opened at $45.12 on Monday. The firm has a 50-day simple moving average of $44.46 and a 200-day simple moving average of $43.08. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.40 and a fifty-two week high of $47.44.

About iShares MSCI Emerging Markets ETF

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).