iShares MSCI Emerging Markets ETF $EEM Stock Position Raised by Power Wealth Management LLC

Power Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 243.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 19,409 shares of the exchange traded fund’s stock after buying an additional 13,756 shares during the period. Power Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,328,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of EEM. Founders Financial Securities LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares during the last quarter. Arcus Capital Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.0% in the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 167 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after purchasing an additional 169 shares during the period. Cim LLC grew its stake in iShares MSCI Emerging Markets ETF by 3.0% during the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after buying an additional 182 shares during the last quarter. Finally, Nicolet Advisory Services LLC increased its position in iShares MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after buying an additional 184 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $67.47 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $49.53 and a 1 year high of $71.57. The stock has a market capitalization of $30.33 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average is $65.74 and its two-hundred day moving average is $63.96.

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.