iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Wealthspire Advisors LLC

Wealthspire Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 109,466 shares of the exchange traded fund’s stock after purchasing an additional 11,732 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tompkins Financial Corp purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $26,000. Maseco LLP acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $27,000. Hemington Wealth Management purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $35,000. Finally, Financial Gravity Companies Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $48,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.5%

EEM stock opened at $54.04 on Wednesday. The stock has a market capitalization of $20.55 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31. The stock’s fifty day simple moving average is $54.07 and its 200-day simple moving average is $50.21.

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).