Financial & Tax Architects LLC Invests $3.24 Million in iShares MSCI Emerging Markets ETF $EEM

Financial & Tax Architects LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 59,220 shares of the exchange traded fund’s stock, valued at approximately $3,240,000.

Other large investors have also recently bought and sold shares of the company. Clarity Wealth Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 12.0% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock valued at $9,332,000 after purchasing an additional 18,658 shares during the period. Yeomans Consulting Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $15,713,000. Corient Private Wealth LLC grew its position 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 purchasing an additional 2,181,269 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $1,672,000. Finally, Asempa Wealth Advisors acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $593,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $56.59 on Monday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $65.96. The company has a market cap of $25.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The company has a 50 day moving average of $59.11 and a two-hundred day moving average of $56.33.

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.