Prairie Advisory LLC Buys 39,590 Shares of iShares MSCI Emerging Markets ETF $EEM

Prairie Advisory LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 100.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,996 shares of the exchange traded fund’s stock after acquiring an additional 39,590 shares during the quarter. Prairie Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,276,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at about $27,000. MidFirst Bank acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. SHP Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $35,000. CrossGen Wealth LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth about $35,000. Finally, Manning & Napier Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 491.4% during the first quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 516 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded up $0.55 during midday trading on Monday, reaching $63.40. The stock had a trading volume of 13,407,323 shares, compared to its average volume of 31,142,607. The stock has a market capitalization of $29.38 billion, a P/E ratio of 14.46 and a beta of 0.74. The firm’s fifty day simple moving average is $66.89 and its 200-day simple moving average is $65.73. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57.

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.