4,418 Shares in iShares MSCI Emerging Markets ETF $EEM Bought by IFG Advisors LLC

IFG Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the second quarter, HoldingsChannel.com reports. The firm purchased 4,418 shares of the exchange traded fund’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EEM. Mutual Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 114.4% in the second quarter. Mutual Advisors LLC now owns 44,398 shares of the exchange traded fund’s stock valued at $2,198,000 after acquiring an additional 23,689 shares during the period. SFG Wealth Management LLC. acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at $210,000. Private Wealth Asset Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 0.6% in the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock valued at $1,871,000 after acquiring an additional 236 shares during the period. Harbour Investments Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 43.8% in the second quarter. Harbour Investments Inc. now owns 83,505 shares of the exchange traded fund’s stock valued at $4,028,000 after acquiring an additional 25,424 shares during the period. Finally, Aries Wealth Management lifted its holdings in iShares MSCI Emerging Markets ETF by 10.6% in the second quarter. Aries Wealth Management now owns 137,946 shares of the exchange traded fund’s stock valued at $6,655,000 after acquiring an additional 13,187 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $52.97 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $54.69. The business has a fifty day moving average of $51.61 and a two-hundred day moving average of $47.89. The company has a market cap of $20.14 billion, a P/E ratio of 14.46 and a beta of 0.74.

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).