Retirement Planning Group LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 8,631 shares of the exchange traded fund’s stock, valued at approximately $576,000.
Several other large investors have also recently made changes to their positions in EEM. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. MidFirst Bank acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $31,000. SHP Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $35,000. CrossGen Wealth LLC purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter valued at $35,000. Finally, Manning & Napier Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 491.4% in the first quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 516 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of iShares MSCI Emerging Markets ETF stock opened at $63.57 on Thursday. The firm has a 50-day simple moving average of $66.76 and a two-hundred day simple moving average of $65.87. The company has a market cap of $29.46 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a fifty-two week low of $52.38 and a fifty-two week high of $71.57.
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.
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