Smith & Howard Wealth Management LLC Acquires 400 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Smith & Howard Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,938 shares of the exchange traded fund’s stock after acquiring an additional 400 shares during the quarter. Smith & Howard Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $207,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. O Dell Group LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 4.6% in the fourth quarter. O Dell Group LLC now owns 34,385 shares of the exchange traded fund’s stock valued at $1,438,000 after acquiring an additional 1,512 shares during the period. Citizens Financial Group Inc. RI lifted its position in iShares MSCI Emerging Markets ETF by 0.5% during the fourth quarter. Citizens Financial Group Inc. RI now owns 287,869 shares of the exchange traded fund’s stock worth $12,039,000 after purchasing an additional 1,313 shares during the period. Independent Advisor Alliance bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $736,000. Simplicity Wealth LLC lifted its position in iShares MSCI Emerging Markets ETF by 36.7% during the fourth quarter. Simplicity Wealth LLC now owns 32,454 shares of the exchange traded fund’s stock worth $1,357,000 after purchasing an additional 8,718 shares during the period. Finally, Sowell Financial Services LLC lifted its position in iShares MSCI Emerging Markets ETF by 2.2% during the fourth quarter. Sowell Financial Services LLC now owns 70,259 shares of the exchange traded fund’s stock worth $2,938,000 after purchasing an additional 1,542 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 2.4 %

EEM opened at $43.36 on Tuesday. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The company has a 50-day simple moving average of $43.02 and a 200 day simple moving average of $43.71. The stock has a market capitalization of $16.06 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).