iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Wealthspire Advisors LLC

Wealthspire Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.0% in the second quarter, Holdings Channel reports. The fund owned 109,466 shares of the exchange traded fund’s stock after buying an additional 11,732 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,281,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $26,000. Maseco LLP purchased a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth $27,000. Hemington Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth $35,000. Finally, Financial Gravity Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $54.04 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The stock’s 50-day simple moving average is $54.07 and its 200-day simple moving average is $50.21. The firm has a market cap of $20.55 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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).