iShares MSCI Emerging Markets ETF $EEM Stock Position Lifted by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 198,788 shares of the exchange traded fund’s stock after buying an additional 8,882 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 1.3% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 16th biggest position. Redhawk Wealth Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $13,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. AQR Capital Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $462,000. Finally, Quantinno Capital Management LP increased its position in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after purchasing an additional 1,320 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $65.17 on Tuesday. The firm has a market cap of $29.30 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52-week low of $49.23 and a 52-week high of $71.57. The stock has a 50-day simple moving average of $66.28 and a 200-day simple moving average of $63.09.

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.