MAI Capital Management Has $8.88 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

MAI Capital Management grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.4% in the second quarter, HoldingsChannel.com reports. The firm owned 184,060 shares of the exchange traded fund’s stock after purchasing an additional 2,527 shares during the period. MAI Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $8,879,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares in the last quarter. Lifeworks Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $318,000. Avantax Advisory Services Inc. grew its stake in iShares MSCI Emerging Markets ETF by 6.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 280,149 shares of the exchange traded fund’s stock valued at $12,243,000 after purchasing an additional 18,191 shares during the period. ShoreHaven Wealth Partners LLC grew its stake in iShares MSCI Emerging Markets ETF by 7.6% in the 1st quarter. ShoreHaven Wealth Partners LLC now owns 17,476 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 1,241 shares during the period. Finally, Assetmark Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 17.0% in the first quarter. Assetmark Inc. now owns 9,232 shares of the exchange traded fund’s stock valued at $403,000 after acquiring an additional 1,343 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.0%

iShares MSCI Emerging Markets ETF stock opened at $53.10 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31. The firm has a market capitalization of $20.19 billion, a PE ratio of 14.46 and a beta of 0.64. The firm’s 50 day simple moving average is $54.15 and its 200 day simple moving average is $50.31.

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).