Janney Montgomery Scott LLC Boosts Stake in iShares MSCI Emerging Markets ETF $EEM

Janney Montgomery Scott LLC raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,614 shares of the exchange traded fund’s stock after buying an additional 1,938 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,915,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Tompkins Financial Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $26,000. Maseco LLP acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $27,000. Golden State Wealth Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 352 shares during the period. Dunhill Financial LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 796 shares during the period. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $41,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.5%

EEM stock opened at $54.48 on Tuesday. The company has a market capitalization of $20.72 billion, a P/E ratio of 14.46 and a beta of 0.74. The company has a 50-day simple moving average of $51.04 and a 200 day simple moving average of $47.53. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.55.

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).