Ethos Financial Group LLC Raises Stake in iShares MSCI Emerging Markets ETF $EEM

Ethos Financial Group LLC raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 42.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 207,209 shares of the exchange traded fund’s stock after buying an additional 61,338 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 0.8% of Ethos Financial Group LLC’s portfolio, making the stock its 28th largest holding. Ethos Financial Group LLC owned approximately 0.05% of iShares MSCI Emerging Markets ETF worth $11,336,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $407,231,000. Corient Private Wealth LLC grew its stake in iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $100,644,000. National Bank of Canada FI increased its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after acquiring an additional 1,969,944 shares during the period. Finally, Duquesne Family Office LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $101,460,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $56.59 on Friday. The company’s 50 day simple moving average is $59.11 and its two-hundred day simple moving average is $56.31. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The stock has a market capitalization of $25.06 billion, a PE 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). 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.