Trinity Wealth Management LLC Invests $6.57 Million in iShares MSCI Emerging Markets ETF $EEM

Trinity Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 120,074 shares of the exchange traded fund’s stock, valued at approximately $6,569,000. iShares MSCI Emerging Markets ETF makes up 2.4% of Trinity Wealth Management LLC’s holdings, making the stock its 12th biggest position.

A number of other hedge funds have also recently bought and sold shares of EEM. Brighton Jones LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after purchasing an additional 9,437 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in iShares MSCI Emerging Markets ETF by 354.4% during the second quarter. Quadrant Capital Group LLC now owns 17,398 shares of the exchange traded fund’s stock valued at $839,000 after purchasing an additional 13,569 shares during the last quarter. Van Hulzen Asset Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $267,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $3,957,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $56.79 on Wednesday. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The firm’s 50 day moving average price is $59.22 and its two-hundred day moving average price is $56.25.

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.