194,493 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Advisortrust Partners LLC

Advisortrust Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 194,493 shares of the exchange traded fund’s stock, valued at approximately $11,045,000. iShares MSCI Emerging Markets ETF makes up approximately 4.6% of Advisortrust Partners LLC’s holdings, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of EEM. Assetmark Inc. raised its stake in iShares MSCI Emerging Markets ETF by 49.6% in the first quarter. Assetmark Inc. now owns 10,622 shares of the exchange traded fund’s stock valued at $603,000 after purchasing an additional 3,524 shares in the last quarter. Barings LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 205.3% in the first quarter. Barings LLC now owns 603,890 shares of the exchange traded fund’s stock worth $34,295,000 after purchasing an additional 406,102 shares during the last quarter. Fiscal Wisdom Wealth Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth approximately $218,000. Bessemer Group Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% during the first quarter. Bessemer Group Inc. now owns 136,708 shares of the exchange traded fund’s stock worth $7,763,000 after purchasing an additional 1,956 shares during the period. Finally, Avalon Trust Co bought a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter worth about $68,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $63.29 on Friday. The firm has a market cap of $28.02 billion, a P/E ratio of 14.46 and a beta of 0.72. The business’s 50 day moving average price is $67.11 and its 200-day moving average price is $62.20. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57.

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.