Life Planning Partners Inc Acquires Shares of 14,972 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Life Planning Partners Inc bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 14,972 shares of the exchange traded fund’s stock, valued at approximately $626,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Summit Securities Group LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $485,000. Schroder Investment Management Group increased its holdings in shares of iShares MSCI Emerging Markets ETF by 38.9% during the fourth quarter. Schroder Investment Management Group now owns 25,000 shares of the exchange traded fund’s stock worth $1,046,000 after buying an additional 7,000 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4,632.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after acquiring an additional 3,203,501 shares during the last quarter. Okabena Investment Services Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 4th quarter. Okabena Investment Services Inc. now owns 374,284 shares of the exchange traded fund’s stock valued at $15,653,000 after acquiring an additional 4,960 shares in the last quarter. Finally, Allianz SE bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $14,768,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $43.77 on Friday. The business has a 50 day moving average of $43.80 and a 200-day moving average of $43.86. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The company has a market capitalization of $16.58 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).