WCG Wealth Advisors LLC Takes $1.39 Million Position in iShares MSCI Emerging Markets ETF $EEM

WCG Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 25,338 shares of the exchange traded fund’s stock, valued at approximately $1,386,000.

Several other institutional investors have also modified their holdings of the business. Shepherd Street Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $227,000. CIBC Asset Management Inc lifted its stake in iShares MSCI Emerging Markets ETF by 24.6% in the 4th quarter. CIBC Asset Management Inc now owns 191,114 shares of the exchange traded fund’s stock valued at $10,456,000 after acquiring an additional 37,686 shares in the last quarter. Greenwich Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 20.8% in the 4th quarter. Greenwich Wealth Management LLC now owns 5,800 shares of the exchange traded fund’s stock valued at $317,000 after acquiring an additional 1,000 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $4,064,000. Finally, One Capital Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $480,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $64.59 on Friday. The stock has a market capitalization of $28.60 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The stock’s 50 day moving average price is $63.60 and its two-hundred day moving average price is $59.48. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week high of $70.86.

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). 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.