iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Stelac Advisory Services LLC

Stelac Advisory Services LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.6% in the 3rd quarter, Holdings Channel reports. The fund owned 85,168 shares of the exchange traded fund’s stock after buying an additional 12,122 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.6% of Stelac Advisory Services LLC’s investment portfolio, making the stock its 20th largest position. Stelac Advisory Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,711,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its position in iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares in the last quarter. Richardson Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $33,000. Traub Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $34,000. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $37,000. Finally, Accredited Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock traded up $0.48 during midday trading on Friday, hitting $57.43. 10,151,922 shares of the stock traded hands, compared to its average volume of 45,234,141. The firm has a market cap of $26.18 billion, a P/E ratio of 14.46 and a beta of 0.64. The stock’s fifty day simple moving average is $59.37 and its 200-day simple moving average is $55.61. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96.

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.