PACK Private Wealth LLC Purchases 40,775 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

PACK Private Wealth LLC lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 129.2% in the fourth quarter, HoldingsChannel reports. The fund owned 72,323 shares of the exchange traded fund’s stock after buying an additional 40,775 shares during the period. iShares MSCI Emerging Markets ETF accounts for approximately 2.0% of PACK Private Wealth LLC’s investment portfolio, making the stock its 12th largest holding. PACK Private Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,908,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $31,000. Cetera Trust Company N.A bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $34,000. FNY Investment Advisers LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $48,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.0 %

Shares of NYSEARCA:EEM traded down $0.02 during midday trading on Wednesday, hitting $42.25. The company had a trading volume of 11,984,736 shares, compared to its average volume of 28,864,332. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.54. The firm has a fifty day simple moving average of $40.92 and a 200 day simple moving average of $39.73.

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).