Simplicity Wealth LLC Has $281,000 Stake in iShares MSCI Emerging Markets ETF $EEM

Simplicity Wealth LLC reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 78.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,141 shares of the exchange traded fund’s stock after selling 18,355 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $281,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clarity Wealth Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 12.0% in the third quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock worth $9,332,000 after acquiring an additional 18,658 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $1,672,000. Asempa Wealth Advisors bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $593,000. Bradley Foster & Sargent Inc. CT boosted its stake in iShares MSCI Emerging Markets ETF by 59.0% in the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after purchasing an additional 19,432 shares in the last quarter. Finally, Vawter Financial Ltd. purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $444,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $64.13 on Friday. The firm has a market cap of $28.40 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a fifty-two week low of $44.52 and a fifty-two week high of $65.96. The firm has a 50-day simple moving average of $59.72 and a two-hundred day simple moving average of $57.43.

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). 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.