Legacy Wealth Partners LLC lifted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 33.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 94,911 shares of the exchange traded fund’s stock after buying an additional 23,927 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 1.4% of Legacy Wealth Partners LLC’s portfolio, making the stock its 16th biggest position. Legacy Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,390,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Asempa Wealth Advisors bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $593,000. Bradley Foster & Sargent Inc. CT raised its stake in shares of iShares MSCI Emerging Markets ETF by 59.0% during the third quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock valued at $2,795,000 after acquiring an additional 19,432 shares in the last quarter. Kelsey Financial LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $1,038,000. Allium Financial Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 35.3% in the third quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock valued at $5,931,000 after purchasing an additional 28,998 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in iShares MSCI Emerging Markets ETF by 92.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Down 5.7%
EEM opened at $67.17 on Wednesday. The stock’s fifty day moving average is $66.20 and its two-hundred day moving average is $60.73. The company has a market capitalization of $29.74 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 $47.41 and a 52 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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