41,654 iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 94.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 85,706 shares of the exchange traded fund’s stock after buying an additional 41,654 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,724,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EEM. Magnus Financial Group LLC raised its position in iShares MSCI Emerging Markets ETF by 0.5% in the third quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after acquiring an additional 163 shares during the period. Arcus Capital Partners LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.0% during the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 167 shares during the last quarter. Kagan Cocozza Asset Management lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.9% during the first quarter. Kagan Cocozza Asset Management now owns 10,445 shares of the exchange traded fund’s stock worth $593,000 after purchasing an additional 191 shares in the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 5,427 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 206 shares in the last quarter. Finally, MFA Wealth Services boosted its stake in shares of iShares MSCI Emerging Markets ETF by 2.6% in the first quarter. MFA Wealth Services now owns 8,705 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 217 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $62.01 on Friday. The stock has a 50-day simple moving average of $66.56 and a 200-day simple moving average of $65.87. The stock has a market capitalization of $28.74 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57.

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.