Outlook Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 113,067 shares of the exchange traded fund’s stock, valued at approximately $6,419,000. iShares MSCI Emerging Markets ETF accounts for about 1.5% of Outlook Wealth Advisors LLC’s holdings, making the stock its 12th largest holding.
A number of other large investors have also recently made changes to their positions in EEM. Summit Wealth Partners LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $432,000. Webster Bank N. A. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 98.3% in the first quarter. Webster Bank N. A. now owns 40,233 shares of the exchange traded fund’s stock valued at $2,285,000 after purchasing an additional 19,948 shares during the period. Atlas Brown Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.8% in the first quarter. Atlas Brown Inc. now owns 42,165 shares of the exchange traded fund’s stock worth $2,395,000 after purchasing an additional 732 shares during the last quarter. Rainier Family Wealth Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 289.8% in the first quarter. Rainier Family Wealth Inc. now owns 37,387 shares of the exchange traded fund’s stock worth $2,123,000 after purchasing an additional 27,795 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 344.4% during the first quarter. Capital Advisors Ltd. LLC now owns 8,701 shares of the exchange traded fund’s stock worth $494,000 after purchasing an additional 6,743 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Up 0.6%
Shares of NYSEARCA EEM opened at $71.21 on Tuesday. The business’s 50 day moving average price is $66.07 and its 200 day moving average price is $60.63. The firm has a market cap of $31.53 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week high of $71.57.
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.
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