Laurel Wealth Advisors LLC Purchases 14,172 Shares of iShares MSCI Emerging Markets ETF $EEM

Laurel Wealth Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 4,724.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,472 shares of the exchange traded fund’s stock after buying an additional 14,172 shares during the period. Laurel Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $698,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in EEM. Tompkins Financial Corp purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $26,000. Maseco LLP bought a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $27,000. Hemington Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $34,000. Traub Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $35,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $54.32 on Friday. The company has a market cap of $20.66 billion, a PE ratio of 14.46 and a beta of 0.64. The firm’s 50 day moving average price is $54.26 and its 200-day moving average price is $50.62. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.

iShares MSCI Emerging Markets ETF Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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