Evernest Financial Advisors LLC Has $498,000 Stake in iShares MSCI Emerging Markets ETF $EEM

Evernest Financial Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 88.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 10,315 shares of the exchange traded fund’s stock after acquiring an additional 4,855 shares during the period. Evernest Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $498,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $1,236,000. Bridges Investment Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 0.9% during the second quarter. Bridges Investment Management Inc. now owns 117,111 shares of the exchange traded fund’s stock worth $5,649,000 after purchasing an additional 1,061 shares during the last quarter. Copia Wealth Management boosted its holdings in iShares MSCI Emerging Markets ETF by 33.2% during the second quarter. Copia Wealth Management now owns 2,111 shares of the exchange traded fund’s stock worth $102,000 after purchasing an additional 526 shares during the last quarter. IFG Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $213,000. Finally, Mutual Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF by 114.4% in the second quarter. Mutual Advisors LLC now owns 44,398 shares of the exchange traded fund’s stock valued at $2,198,000 after acquiring an additional 23,689 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $53.84 on Thursday. The stock has a market cap of $20.47 billion, a P/E ratio of 14.46 and a beta of 0.74. The company has a fifty day moving average price of $51.71 and a two-hundred day moving average price of $47.93. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $54.69.

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).