iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Apex Wealth Management LLC

Apex Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 58,789 shares of the exchange traded fund’s stock after buying an additional 11,073 shares during the period. iShares MSCI Emerging Markets ETF accounts for 2.2% of Apex Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Apex Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,139,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC raised its stake in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the last quarter. Ascent Group LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 171.1% during the 1st quarter. Ascent Group LLC now owns 14,903 shares of the exchange traded fund’s stock valued at $651,000 after buying an additional 9,405 shares during the period. SageView Advisory Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $240,000. Finally, Belpointe Asset Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 31.3% in the first quarter. Belpointe Asset Management LLC now owns 61,772 shares of the exchange traded fund’s stock valued at $2,699,000 after acquiring an additional 14,724 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $56.87 on Friday. The stock has a 50 day moving average of $54.64 and a 200 day moving average of $52.28. The firm has a market capitalization of $21.93 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 $57.43.

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.