Envestnet Portfolio Solutions Inc. Acquires 39,670 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 256.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,144 shares of the exchange traded fund’s stock after acquiring an additional 39,670 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,306,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Avior Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 25.4% in the third quarter. Avior Wealth Management LLC now owns 6,774 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 1,372 shares during the last quarter. Tradewinds LLC. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 62.0% in the third quarter. Tradewinds LLC. now owns 15,043 shares of the exchange traded fund’s stock worth $690,000 after purchasing an additional 5,755 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares during the last quarter. Integrated Investment Consultants LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 52.9% in the third quarter. Integrated Investment Consultants LLC now owns 52,783 shares of the exchange traded fund’s stock worth $2,421,000 after purchasing an additional 18,272 shares during the last quarter. Finally, Meridian Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $2,805,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.9 %

Shares of EEM stock opened at $44.80 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The stock’s 50-day moving average price is $43.44 and its 200-day moving average price is $43.76. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72.

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).