Evernest Financial Advisors LLC Purchases 4,855 Shares of iShares MSCI Emerging Markets ETF $EEM

Evernest Financial Advisors LLC grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 88.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,315 shares of the exchange traded fund’s stock after buying an additional 4,855 shares during the quarter. Evernest Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EEM. Tompkins Financial Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $26,000. Maseco LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $27,000. Golden State Wealth Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 352 shares during the period. Hemington Wealth Management acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $34,000. Finally, Dunhill Financial LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 796 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.6%

iShares MSCI Emerging Markets ETF stock opened at $53.84 on Thursday. The stock has a market capitalization of $20.47 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $54.69. The company has a 50 day moving average of $51.71 and a 200-day moving average of $47.93.

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).