31,311 Shares in iShares MSCI Emerging Markets ETF $EEM Acquired by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 31,311 shares of the exchange traded fund’s stock, valued at approximately $1,672,000.

Other institutional investors have also modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after acquiring an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC increased its holdings in iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the period. Invesco Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $100,644,000. Bank of Nova Scotia boosted its stake in shares of iShares MSCI Emerging Markets ETF by 314.6% in the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after buying an additional 1,700,100 shares during the period. Finally, Bailard Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 670.9% in the 2nd quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock valued at $91,385,000 after buying an additional 1,648,670 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $56.24 on Friday. The company’s 50 day moving average price is $54.54 and its 200 day moving average price is $52.02. The firm has a market capitalization of $21.39 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $56.31.

iShares MSCI Emerging Markets ETF Company 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.