iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 90,790 shares of the exchange traded fund’s stock after buying an additional 21,131 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,967,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in EEM. Gries Financial LLC lifted its stake in iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 11.7% during the third quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 201 shares during the last quarter. Aspiriant LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the fourth quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock worth $2,176,000 after acquiring an additional 204 shares during the last quarter. Accredited Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 42.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 206 shares during the period. Finally, J2 Capital Management Inc increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. J2 Capital Management Inc now owns 39,927 shares of the exchange traded fund’s stock valued at $2,184,000 after acquiring an additional 207 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $56.59 on Monday. 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 fifty day moving average price of $59.11 and a 200 day moving average price of $56.33. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $65.96.

About iShares MSCI Emerging Markets ETF

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.