42,481 Shares in iShares MSCI Emerging Markets ETF $EEM Acquired by WealthCare Asset Management LLC

WealthCare Asset Management LLC purchased a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,481 shares of the exchange traded fund’s stock, valued at approximately $2,286,000. iShares MSCI Emerging Markets ETF comprises 1.5% of WealthCare Asset Management LLC’s holdings, making the stock its 15th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Windsor Advisory Group LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $32,000. Asset Management Group Inc. lifted its position in iShares MSCI Emerging Markets ETF by 1.3% in the 4th quarter. Asset Management Group Inc. now owns 74,165 shares of the exchange traded fund’s stock valued at $4,058,000 after acquiring an additional 928 shares in the last quarter. Harvest Investment Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $5,962,000. Captrust Financial Advisors lifted its position in iShares MSCI Emerging Markets ETF by 1.6% in the 4th quarter. Captrust Financial Advisors now owns 405,428 shares of the exchange traded fund’s stock valued at $22,181,000 after acquiring an additional 6,459 shares in the last quarter. Finally, &PARTNERS lifted its position in iShares MSCI Emerging Markets ETF by 32.2% in the 4th quarter. &PARTNERS now owns 118,280 shares of the exchange traded fund’s stock valued at $6,471,000 after acquiring an additional 28,810 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.6%

EEM stock opened at $68.64 on Wednesday. The stock has a market capitalization of $30.39 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86. The stock’s 50 day simple moving average is $65.15 and its 200 day simple moving average is $60.18.

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.