Ticino Wealth Takes $553,000 Position in iShares MSCI Emerging Markets ETF $EEM

Ticino Wealth acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,112 shares of the exchange traded fund’s stock, valued at approximately $553,000.

Other institutional investors have also modified their holdings of the company. Gries Financial LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock worth $782,000 after purchasing an additional 187 shares during the period. Aspiriant LLC increased its stake in iShares MSCI Emerging Markets ETF by 0.5% in the fourth quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock valued at $2,176,000 after purchasing an additional 204 shares during the period. Accredited Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares during the period. J2 Capital Management Inc boosted its stake in shares of iShares MSCI Emerging Markets ETF by 0.5% during the fourth quarter. J2 Capital Management Inc now owns 39,927 shares of the exchange traded fund’s stock worth $2,184,000 after buying an additional 207 shares during the period. Finally, United Capital Financial Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.4% during the third quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock worth $3,136,000 after buying an additional 213 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

Shares of EEM stock opened at $63.29 on Tuesday. The stock’s 50-day moving average price is $59.39 and its 200 day moving average price is $56.93. The stock has a market capitalization of $28.02 billion, a PE ratio of 14.46 and a beta of 0.66. iShares MSCI Emerging Markets ETF has a 52-week low of $42.34 and a 52-week high of $65.96.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.