Csenge Advisory Group Takes $10.26 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Csenge Advisory Group bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 245,208 shares of the exchange traded fund’s stock, valued at approximately $10,255,000. iShares MSCI Emerging Markets ETF comprises approximately 0.6% of Csenge Advisory Group’s holdings, making the stock its 29th biggest holding.

A number of other large investors also recently bought and sold shares of EEM. SeaCrest Wealth Management LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $255,000. Richard W. Paul & Associates LLC lifted its position in iShares MSCI Emerging Markets ETF by 1.4% in the third quarter. Richard W. Paul & Associates LLC now owns 60,200 shares of the exchange traded fund’s stock valued at $2,761,000 after buying an additional 844 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 5.6% in the third quarter. Stratos Wealth Advisors LLC now owns 22,816 shares of the exchange traded fund’s stock valued at $1,046,000 after buying an additional 1,208 shares during the last quarter. Sage Financial Management Group Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $293,000. Finally, First Citizens Bank & Trust Co. lifted its position in iShares MSCI Emerging Markets ETF by 14.2% in the third quarter. First Citizens Bank & Trust Co. now owns 16,704 shares of the exchange traded fund’s stock valued at $766,000 after buying an additional 2,073 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

NYSEARCA EEM opened at $44.41 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The firm’s 50-day moving average is $42.67 and its two-hundred day moving average is $43.49.

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).