Bristlecone Advisors LLC Purchases 1,306 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bristlecone Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 92.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,720 shares of the exchange traded fund’s stock after acquiring an additional 1,306 shares during the period. Bristlecone Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $114,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of EEM. DRW Securities LLC grew its holdings 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 last quarter. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $105,980,000. LPL Financial LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares during the last quarter. Connable Office Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.9% in the third quarter. Connable Office Inc. now owns 1,162,015 shares of the exchange traded fund’s stock worth $53,290,000 after purchasing an additional 10,578 shares during the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $29,856,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $43.72 on Tuesday. The company’s 50-day moving average price is $42.64 and its 200-day moving average price is $43.45. iShares MSCI Emerging Markets ETF has a 12 month low of $38.95 and a 12 month high of $47.44.

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).