Lifestyle Asset Management Inc. Has $2.73 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Lifestyle Asset Management Inc. raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 35.6% during the fourth quarter, Holdings Channel reports. The firm owned 49,961 shares of the exchange traded fund’s stock after purchasing an additional 13,117 shares during the period. Lifestyle Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,733,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hazlett Burt & Watson Inc. lifted its position in shares of 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 acquiring an additional 169 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.4% during the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 195 shares during the period. Van Hulzen Asset Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 3.8% during the 4th quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock valued at $303,000 after acquiring an additional 200 shares during the period. Welch & Forbes LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 4th quarter. Welch & Forbes LLC now owns 15,432 shares of the exchange traded fund’s stock valued at $844,000 after acquiring an additional 200 shares during the period. Finally, Aspiriant LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the 4th quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock valued at $2,176,000 after acquiring an additional 204 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.2%

iShares MSCI Emerging Markets ETF stock opened at $69.10 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86. The firm’s fifty day moving average is $63.45 and its 200 day moving average is $59.45. The company has a market capitalization of $30.60 billion, a PE ratio of 14.46 and a beta of 0.73.

About iShares MSCI Emerging Markets ETF

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.