Allie Family Office LLC Has $7.97 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

Allie Family Office LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,159 shares of the exchange traded fund’s stock after selling 12,775 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 3.4% of Allie Family Office LLC’s holdings, making the stock its 5th largest holding. Allie Family Office LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,965,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Argyle Capital Partners LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 35.1% in the 3rd quarter. Argyle Capital Partners LLC now owns 11,891 shares of the exchange traded fund’s stock worth $635,000 after buying an additional 3,090 shares during the last quarter. Allium Financial Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 35.3% in the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock valued at $5,931,000 after buying an additional 28,998 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 34.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,926 shares of the exchange traded fund’s stock valued at $63,911,000 after buying an additional 306,968 shares during the last quarter. Perissos Private Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $1,089,000. Finally, Ancora Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 11.0% during the third quarter. Ancora Advisors LLC now owns 13,781 shares of the exchange traded fund’s stock worth $736,000 after acquiring an additional 1,371 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.3%

Shares of NYSEARCA EEM opened at $56.80 on Friday. The firm’s 50-day moving average price is $59.38 and its two-hundred day moving average price is $55.69. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The stock has a market capitalization of $25.89 billion, a P/E ratio of 14.46 and a beta of 0.64.

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.