Resonant Capital Advisors LLC Has $690,000 Stake in iShares MSCI Emerging Markets ETF $EEM

Resonant Capital Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,295 shares of the exchange traded fund’s stock after buying an additional 546 shares during the period. Resonant Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $690,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Tompkins Financial Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Maseco LLP acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $27,000. Golden State Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 352 shares during the last quarter. Hemington Wealth Management bought a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $34,000. Finally, Gladwyn Financial Advisors Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $35,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $55.10 on Monday. The firm’s 50 day simple moving average is $52.37 and its 200 day simple moving average is $48.67. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $55.21. The company has a market capitalization of $20.95 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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).