Howland Capital Management LLC Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Howland Capital Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 24,371 shares of the exchange traded fund’s stock, valued at approximately $1,628,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EEM. XP Advisory US Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $566,000. IFP Advisors Inc boosted its stake in iShares MSCI Emerging Markets ETF by 233.9% in the second quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock valued at $7,105,000 after acquiring an additional 72,758 shares in the last quarter. First Heartland Consultants Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter worth $17,116,000. Independent Financial Group LLC purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter worth $4,789,000. Finally, Buska Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 77.9% in the third quarter. Buska Wealth Management LLC now owns 74,384 shares of the exchange traded fund’s stock worth $4,968,000 after purchasing an additional 32,561 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 2.9%

Shares of EEM stock opened at $61.72 on Friday. The business’s fifty day simple moving average is $66.66 and its 200-day simple moving average is $65.90. The company has a market cap of $28.61 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57.

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.