Partners in Financial Planning Acquires New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Partners in Financial Planning bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,345 shares of the exchange traded fund’s stock, valued at approximately $224,000.

A number of other large investors have also recently added to or reduced their stakes in EEM. GM Advisory Group LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 448 shares in the last quarter. QRG Capital Management Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $205,000. Jones Financial Companies Lllp grew its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% during the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock worth $513,000 after acquiring an additional 5,063 shares in the last quarter. Carret Asset Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 4.2% in the fourth quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 857 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 25.0% in the fourth quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock worth $19,765,000 after purchasing an additional 94,633 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.9 %

Shares of EEM opened at $43.77 on Monday. The stock has a market capitalization of $16.58 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The firm has a fifty day simple moving average of $43.80 and a 200 day simple moving average of $43.87.

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).