WealthCare Asset Management LLC Takes $2.29 Million Position in iShares MSCI Emerging Markets ETF $EEM

WealthCare Asset Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 42,481 shares of the exchange traded fund’s stock, valued at approximately $2,286,000. iShares MSCI Emerging Markets ETF makes up 1.5% of WealthCare Asset Management LLC’s portfolio, making the stock its 15th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $407,231,000. Board of Trustees of The Leland Stanford Junior University lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% during the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after buying an additional 915,248 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after buying an additional 196,473 shares during the period. Mariner LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after buying an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 18.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after buying an additional 313,978 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $68.64 on Wednesday. The business’s fifty day moving average price is $65.15 and its 200-day moving average price is $60.18. The stock has a market capitalization of $30.39 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 1-year low of $46.15 and a 1-year high of $70.86.

iShares MSCI Emerging Markets ETF Company 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.