Financial & Tax Architects LLC Has $4.16 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Financial & Tax Architects LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.8% in the first quarter, Holdings Channel.com reports. The firm owned 73,305 shares of the exchange traded fund’s stock after purchasing an additional 14,085 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,163,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Asempa Wealth Advisors bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $593,000. Perigon Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 77.2% during the fourth quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock worth $8,118,000 after buying an additional 64,618 shares in the last quarter. Kelsey Financial LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $1,038,000. Mirae Asset Global Investments Co. Ltd. raised its position in iShares MSCI Emerging Markets ETF by 92.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock valued at $12,632,000 after buying an additional 110,888 shares during the last quarter. Finally, Allium Financial Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 35.3% in the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock valued at $5,931,000 after buying an additional 28,998 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $68.41 on Wednesday. The stock has a market capitalization of $30.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The stock’s 50 day moving average price is $66.73 and its two-hundred day moving average price is $61.18. iShares MSCI Emerging Markets ETF has a 52 week low of $47.96 and a 52 week high of $71.57.

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). 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.