Wealthcare Advisory Partners LLC Purchases 23,023 Shares of iShares MSCI Emerging Markets ETF $EEM

Wealthcare Advisory Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 59.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,472 shares of the exchange traded fund’s stock after purchasing an additional 23,023 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $407,231,000. Corient Private Wealth LLC increased its position in shares of 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 worth $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $100,644,000. National Bank of Canada FI raised its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in 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 last quarter. Finally, Duquesne Family Office LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $101,460,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $55.20 on Monday. The business has a 50-day simple moving average of $59.30 and a two-hundred day simple moving average of $56.20. The company has a market capitalization of $25.16 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.

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.