Meridian Wealth Management LLC Boosts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Meridian Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the 4th quarter, HoldingsChannel reports. The firm owned 61,484 shares of the exchange traded fund’s stock after purchasing an additional 316 shares during the period. Meridian Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,571,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Pinnacle Associates Ltd. increased its stake in shares of iShares MSCI Emerging Markets ETF by 37.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 6,781 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 1,842 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF by 32.3% during the third quarter. Farther Finance Advisors LLC now owns 20,000 shares of the exchange traded fund’s stock valued at $917,000 after purchasing an additional 4,883 shares during the period. Conning Inc. increased its position in iShares MSCI Emerging Markets ETF by 7.3% in the third quarter. Conning Inc. now owns 22,283 shares of the exchange traded fund’s stock worth $1,022,000 after buying an additional 1,523 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 18.4% in the third quarter. Harbor Capital Advisors Inc. now owns 4,980 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 775 shares during the period. Finally, Nvwm LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 11.9% in the third quarter. Nvwm LLC now owns 11,199 shares of the exchange traded fund’s stock worth $514,000 after buying an additional 1,192 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.9 %

Shares of NYSEARCA:EEM opened at $42.83 on Tuesday. The stock has a 50 day moving average of $42.87 and a 200 day moving average of $43.69. The company has a market cap of $15.86 billion, a PE ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44.

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).