Focus Partners Wealth Buys 55,027 Shares of iShares MSCI Emerging Markets ETF $EEM

Focus Partners Wealth increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 851,673 shares of the exchange traded fund’s stock after purchasing an additional 55,027 shares during the quarter. Focus Partners Wealth’s holdings in iShares MSCI Emerging Markets ETF were worth $46,573,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 5.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares during the period. Vivaldi Capital Management LP increased its stake in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after buying an additional 186 shares in the last quarter. Fort Point Capital Partners LLC increased its stake in iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Fort Point Capital Partners LLC now owns 41,671 shares of the exchange traded fund’s stock worth $2,421,000 after buying an additional 189 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock worth $768,000 after buying an additional 195 shares in the last quarter. Finally, Van Hulzen Asset Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 3.8% in the 4th quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock worth $303,000 after buying an additional 200 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $69.75 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $46.15 and a 52-week high of $70.86. The firm has a market capitalization of $30.89 billion, a PE ratio of 14.46 and a beta of 0.73. The stock has a fifty day simple moving average of $64.90 and a two-hundred day simple moving average of $60.08.

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.