Rockingstone Advisors LLC Boosts Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Rockingstone Advisors LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 97.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,575 shares of the exchange traded fund’s stock after purchasing an additional 10,160 shares during the period. Rockingstone Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $899,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Snowden Capital Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3.3% during the 4th quarter. Snowden Capital Advisors LLC now owns 7,485 shares of the exchange traded fund’s stock valued at $313,000 after purchasing an additional 236 shares in the last quarter. Shared Vision Wealth Group LLC lifted its stake in iShares MSCI Emerging Markets ETF by 3.7% in the fourth quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 256 shares during the last quarter. Delap Wealth Advisory LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 2.2% in the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 257 shares during the period. Taylor & Morgan Wealth Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 2.0% in the first quarter. Taylor & Morgan Wealth Management LLC now owns 13,362 shares of the exchange traded fund’s stock valued at $584,000 after acquiring an additional 260 shares during the period. Finally, Venturi Wealth Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 13.9% during the fourth quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 272 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $47.59 on Wednesday. The stock has a market cap of $17.92 billion, a PE ratio of 13.99 and a beta of 0.62. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.81. The firm’s 50-day simple moving average is $44.17 and its two-hundred day simple moving average is $43.61.

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).