Waterway Wealth Management LLC Has $325,000 Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Waterway Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,782 shares of the exchange traded fund’s stock after acquiring an additional 986 shares during the period. Waterway Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $325,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $37,000. Compass Planning Associates Inc bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $36,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $38,000. Atmos Advisory LLC acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $40,000. Finally, CarsonAllaria Wealth Management Ltd. lifted its stake in iShares MSCI Emerging Markets ETF by 40.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.9 %

EEM stock opened at $43.81 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44. The business’s 50 day moving average is $42.84 and its 200-day moving average is $43.67. The firm has a market cap of $16.23 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).