Advisors Preferred LLC Acquires 240,201 Shares of iShares MSCI Emerging Markets ETF $EEM

Advisors Preferred LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 61.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 632,797 shares of the exchange traded fund’s stock after acquiring an additional 240,201 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 5.0% of Advisors Preferred LLC’s investment portfolio, making the stock its 4th largest holding. Advisors Preferred LLC owned 0.17% of iShares MSCI Emerging Markets ETF worth $34,057,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EEM. Brighton Jones LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 35.2% in the second quarter. Brookstone Capital Management now owns 9,231 shares of the exchange traded fund’s stock valued at $445,000 after buying an additional 2,404 shares during the period. AlTi Global Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 134.8% in the second quarter. AlTi Global Inc. now owns 27,647 shares of the exchange traded fund’s stock valued at $1,467,000 after buying an additional 15,872 shares during the period. Finally, Mycio Wealth Partners LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.9% during the second quarter. Mycio Wealth Partners LLC now owns 31,993 shares of the exchange traded fund’s stock worth $1,543,000 after acquiring an additional 292 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 2.1%

Shares of NYSEARCA:EEM opened at $62.34 on Friday. The firm has a market cap of $28.42 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $62.36. The company’s fifty day simple moving average is $57.73 and its 200 day simple moving average is $54.66.

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). 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.