Sovereign Investment Advisors LLC Has $1.39 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

Sovereign Investment Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 186.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,337 shares of the exchange traded fund’s stock after buying an additional 13,225 shares during the quarter. Sovereign Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,391,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EEM. Bank of America Corp DE grew its holdings in iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its stake in shares of iShares MSCI Emerging Markets ETF by 102.7% in the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after buying an additional 4,577,226 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after buying an additional 2,823,265 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after buying an additional 189,366 shares during the period. Finally, LPL Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after buying an additional 196,473 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $68.70 on Friday. The company has a market capitalization of $30.88 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a one year low of $50.17 and a one year high of $71.57. The company’s fifty day moving average price is $65.77 and its 200 day moving average price is $64.00.

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.