iShares MSCI Emerging Markets ETF $EEM Stock Bought by Clarity Wealth Advisors LLC

Clarity Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 230,656 shares of the exchange traded fund’s stock after purchasing an additional 9,682 shares during the period. iShares MSCI Emerging Markets ETF comprises 2.7% of Clarity Wealth Advisors LLC’s holdings, making the stock its 13th largest position. Clarity Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $15,406,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. First Bancorp Inc ME bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $37,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $27,000. MidFirst Bank acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. CrossGen Wealth LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $35,000. Finally, Manning & Napier Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 491.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 516 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.4%

EEM stock opened at $63.57 on Thursday. The firm has a market capitalization of $29.46 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57. The business’s 50 day simple moving average is $66.76 and its 200 day simple moving average is $65.87.

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.