Allium Financial Advisors LLC Purchases 42,613 Shares of iShares MSCI Emerging Markets ETF $EEM

Allium Financial Advisors LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 108.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,068 shares of the exchange traded fund’s stock after buying an additional 42,613 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 2.9% of Allium Financial Advisors LLC’s holdings, making the stock its 10th largest position. Allium Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,959,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth about $26,000. Maseco LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Hemington Wealth Management bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $34,000. Traub Capital Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $35,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $54.33 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The business’s fifty day moving average is $54.35 and its two-hundred day moving average is $50.85. The stock has a market capitalization of $20.66 billion, a P/E ratio of 14.46 and a beta of 0.64.

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).