iShares MSCI Emerging Markets ETF $EEM Shares Newly Purchased by Lmcg Investments LLC

Lmcg Investments LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 174,730 shares of the exchange traded fund’s stock, valued at approximately $11,670,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Magnus Financial Group LLC grew its holdings in iShares MSCI Emerging Markets ETF by 0.5% during the 3rd quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after acquiring an additional 163 shares during the last quarter. Arcus Capital Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.0% in the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after acquiring an additional 167 shares during the last quarter. Kagan Cocozza Asset Management raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.9% in the first quarter. Kagan Cocozza Asset Management now owns 10,445 shares of the exchange traded fund’s stock worth $593,000 after acquiring an additional 191 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 3.9% in the first quarter. Koshinski Asset Management Inc. now owns 5,427 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 206 shares during the last quarter. Finally, MFA Wealth Services raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.6% in the first quarter. MFA Wealth Services now owns 8,705 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 217 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.4%

Shares of EEM stock opened at $63.57 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57. The firm’s 50 day moving average is $66.76 and its 200-day moving average is $65.87. The firm has a market capitalization of $29.46 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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.