Provenance Wealth Advisors LLC Has $36.33 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Provenance Wealth Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 680,340 shares of the exchange traded fund’s stock after buying an additional 23,089 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 4.7% of Provenance Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest position. Provenance Wealth Advisors LLC owned 0.18% of iShares MSCI Emerging Markets ETF worth $36,330,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of EEM. Versant Capital Management Inc boosted its stake in shares of iShares MSCI Emerging Markets ETF by 369.7% during 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 during the period. Richardson Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $33,000. Traub Capital Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth about $34,000. Heartwood Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $37,000. Finally, Accredited Wealth Management LLC grew its stake in shares of 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 valued at $37,000 after buying an additional 206 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $62.58 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $65.96. The company has a market cap of $28.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The business’s 50 day moving average price is $58.65 and its 200-day moving average price is $55.12.

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.