Wealth Enhancement Advisory Services LLC Has $28.01 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Wealth Enhancement Advisory Services LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 488,586 shares of the exchange traded fund’s stock after purchasing an additional 15,751 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $28,007,000 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. Gries Financial LLC lifted its position in iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 187 shares during the period. Brown Lisle Cummings Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 11.7% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 201 shares during the period. Accredited Wealth Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares during the period. United Capital Financial Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.4% during the third quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock worth $3,136,000 after buying an additional 213 shares during the last quarter. Finally, Promus Capital LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 0.3% in the third quarter. Promus Capital LLC now owns 79,543 shares of the exchange traded fund’s stock valued at $4,248,000 after buying an additional 215 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $56.52 on Wednesday. The firm’s 50 day moving average price is $59.41 and its two-hundred day moving average price is $56.10. The stock has a market cap of $25.76 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96.

iShares MSCI Emerging Markets ETF 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.