Asempa Wealth Advisors Acquires New Position in iShares MSCI Emerging Markets ETF $EEM

Asempa Wealth Advisors acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,831 shares of the exchange traded fund’s stock, valued at approximately $593,000.

Other institutional investors have also modified their holdings of the company. Clarity Wealth Advisors LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 12.0% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock worth $9,332,000 after purchasing an additional 18,658 shares in the last quarter. Allium Financial Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF by 108.0% in the 2nd quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock valued at $3,959,000 after buying an additional 42,613 shares in the last quarter. Yeomans Consulting Group Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $15,713,000. Corient Private Wealth LLC grew 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 valued at $156,313,000 after buying an additional 2,181,269 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $1,672,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 3.4%

Shares of NYSEARCA:EEM opened at $55.64 on Monday. The company has a market capitalization of $25.36 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The stock’s fifty day simple moving average is $59.44 and its 200-day simple moving average is $56.00.

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.