Concurrent Investment Advisors LLC Has $3.04 Million Position in iShares MSCI Emerging Markets ETF $EEM

Concurrent Investment Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 62,919 shares of the exchange traded fund’s stock after buying an additional 8,914 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sowell Financial Services LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% during the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after purchasing an additional 211 shares during the last quarter. Red Tortoise LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock worth $1,385,000 after purchasing an additional 220 shares during the last quarter. Hardin Capital Partners LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% during the 2nd quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 237 shares during the last quarter. Coastline Trust Co increased its stake in shares of iShares MSCI Emerging Markets ETF by 2.7% during the 1st quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock worth $410,000 after purchasing an additional 245 shares during the last quarter. Finally, Haverford Trust Co increased its stake in shares of iShares MSCI Emerging Markets ETF by 1.8% during the 1st quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock worth $661,000 after purchasing an additional 260 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $53.45 on Tuesday. The firm has a market capitalization of $20.32 billion, a PE ratio of 14.46 and a beta of 0.74. The company’s 50-day moving average is $51.53 and its 200-day moving average is $47.85. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.69.

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).