iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by US Financial Advisors LLC

US Financial Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 226,949 shares of the exchange traded fund’s stock after buying an additional 23,542 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 2.9% of US Financial Advisors LLC’s holdings, making the stock its 10th biggest position. US Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,918,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Elequin Capital LP bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Golden State Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 352 shares during the last quarter. Navigoe LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $30,000. Copia Wealth Management bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $33,000. Finally, Dunhill Financial LLC lifted its position in iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 796 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.7%

Shares of NYSEARCA:EEM opened at $48.84 on Thursday. The company’s 50-day moving average price is $47.75 and its 200 day moving average price is $44.96. The company has a market cap of $18.57 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $49.96.

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).