Brookstone Capital Management Increases Holdings in iShares MSCI Emerging Markets ETF

Brookstone Capital Management has significantly increased its investment in the iShares MSCI Emerging Markets ETF (ticker: NYSEARCA:EEM). According to a recent filing with the Securities and Exchange Commission (SEC), the firm raised its stake by an impressive 404.9% during the third quarter. Following this increase, Brookstone now holds a total of 24,322 shares of the ETF, having acquired an additional 19,505 shares in the recent quarter. The total value of Brookstone's holdings in the iShares MSCI Emerging Markets ETF stands at approximately $1,115,000 based on the latest SEC filing.

Other institutional investors and hedge funds have also shown interest in the iShares MSCI Emerging Markets ETF, with several adjusting their stakes in recent months. For example, Fairscale Capital LLC established a new position in the ETF during the second quarter, valued at around $26,000. Similarly, Woodmont Investment Counsel LLC acquired a new stake valued at approximately $27,000 during the first quarter. The second quarter also saw Innealta Capital LLC and Clean Yield Group obtaining new stakes worth $32,000 and about $43,000, respectively. Notably, Jamison Private Wealth Management Inc. enhanced its stake by 836.5% during the same period, bringing its total to 974 shares worth $42,000 after buying an additional 870 shares. Overall, hedge funds and institutional investors together hold about 81.39% of the ETF's stock.

Performance Overview of iShares MSCI Emerging Markets ETF

As of Friday, the shares of the iShares MSCI Emerging Markets ETF opened at $46.36. Over the past year, the ETF has experienced a low of $36.38 and a high of $47.44. The ETF's current 50-day moving average stands at $43.76, while the 200-day moving average is $42.78, indicating a steady growth trend.

Understanding the iShares MSCI Emerging Markets ETF

The iShares MSCI Emerging Markets ETF, previously known as the iShares MSCI Emerging Markets Index Fund, is designed to track the performance and yield of publicly traded equity securities in various global emerging markets. Its performance corresponds with the MSCI Emerging Markets Index, representing a broad range of stocks from these growing economies.

Additional Information and Insights

Investors looking to stay informed can sign up for updates and news relating to the iShares MSCI Emerging Markets ETF and other related investment opportunities through various financial news platforms. By staying abreast of market trends and insider activities, investors can make more informed decisions in their trading endeavors.

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