62,432 iShares MSCI Emerging Markets ETF $EEM Shares Bought by Csenge Advisory Group

Csenge Advisory Group grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 38.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 226,058 shares of the exchange traded fund’s stock after acquiring an additional 62,432 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 0.6% of Csenge Advisory Group’s portfolio, making the stock its 29th largest position. Csenge Advisory Group’s holdings in iShares MSCI Emerging Markets ETF were worth $15,098,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. XP Advisory US Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $566,000. IFP Advisors Inc lifted its position in shares of iShares MSCI Emerging Markets ETF by 233.9% during the 2nd quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock valued at $7,105,000 after acquiring an additional 72,758 shares during the period. First Heartland Consultants Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $17,116,000. Heritage Investors Management Corp purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $2,322,000. Finally, Buska Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 77.9% during the 3rd quarter. Buska Wealth Management LLC now owns 74,384 shares of the exchange traded fund’s stock worth $4,968,000 after acquiring an additional 32,561 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $60.57 on Wednesday. The stock has a market cap of $28.07 billion, a P/E ratio of 12.06 and a beta of 0.77. The stock’s 50 day simple moving average is $65.18 and its 200 day simple moving average is $63.90. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.