Elevation Point Wealth Partners LLC Purchases 44,727 Shares of iShares MSCI Emerging Markets ETF $EEM

Elevation Point Wealth Partners LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 232.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,983 shares of the exchange traded fund’s stock after purchasing an additional 44,727 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,417,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $407,231,000. Corient Private Wealth LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $100,644,000. Duquesne Family Office LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $101,460,000. Finally, Bank of Nova Scotia boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 314.6% in the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after acquiring an additional 1,700,100 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $56.80 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The business’s fifty day moving average is $59.38 and its 200 day moving average is $55.69.

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.