Brookstone Capital Management Increases Stake in iShares MSCI Emerging Markets ETF

Brookstone Capital Management has significantly increased its investment in the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM). According to the latest 13F filing with the SEC, the firm boosted its stake by an impressive 404.9% during the third quarter. After acquiring an additional 19,505 shares during this period, Brookstone Capital now holds a total of 24,322 shares in the ETF. The recent filing revealed that the value of Brookstone Capital's holdings in the iShares MSCI Emerging Markets ETF has reached approximately $1,115,000.

In addition to Brookstone Capital Management's investment, several other institutional investors and hedge funds have also made adjustments to their positions in the iShares MSCI Emerging Markets ETF. For instance, Fairscale Capital LLC purchased a new stake in the ETF during the second quarter, with a valuation around $26,000. Similarly, Woodmont Investment Counsel LLC acquired a new position in the first quarter, valued at about $27,000. Innealta Capital LLC also joined the ranks of new investors in the second quarter, with a stake worth around $32,000.

Another notable update comes from Jamison Private Wealth Management Inc., which dramatically increased its stake in the ETF by 836.5% during the second quarter. The firm now owns 974 shares of the ETF, valued at approximately $42,000, after buying an additional 870 shares in the last quarter. Clean Yield Group also acquired a new position in the iShares MSCI Emerging Markets ETF during the second quarter, with an estimated value of $43,000. Collectively, hedge funds and institutional investors now hold approximately 81.39% of the company's stock.

Performance of iShares MSCI Emerging Markets ETF

As of recent trading, shares of the iShares MSCI Emerging Markets ETF were priced at $46.36. Over the past year, the ETF has experienced fluctuations, with a low of $36.38 and a high of $47.44. The ETF’s 50-day moving average price is currently at $43.76, while the 200-day moving average is at $42.78, indicating trends in its pricing performance.

Company Overview

The iShares MSCI Emerging Markets ETF focuses on providing investment results that generally correspond to the price and yield performance of publicly traded equity securities in emerging markets around the world. This performance is measured by the MSCI Emerging Markets Index, which serves as a benchmark for global emerging market investments.

investment, stocks, ETF