StoneX Group Inc. Acquires 236,906 Shares of iShares MSCI Emerging Markets ETF $EEM

StoneX Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 236,906 shares of the exchange traded fund’s stock, valued at approximately $15,719,000. iShares MSCI Emerging Markets ETF makes up about 0.6% of StoneX Group Inc.’s investment portfolio, making the stock its 29th largest holding. StoneX Group Inc. owned 0.05% of iShares MSCI Emerging Markets ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Magnus Financial Group LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.5% during the third quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.0% during the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 167 shares during the last quarter. Winter & Associates Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 1.3% in the 3rd quarter. Winter & Associates Inc. now owns 13,962 shares of the exchange traded fund’s stock valued at $884,000 after buying an additional 174 shares in the last quarter. Apella Capital LLC lifted its stake in iShares MSCI Emerging Markets ETF by 2.1% in the 2nd quarter. Apella Capital LLC now owns 10,581 shares of the exchange traded fund’s stock valued at $695,000 after buying an additional 220 shares in the last quarter. Finally, Adell Harriman & Carpenter Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 2.3% in the 1st quarter. Adell Harriman & Carpenter Inc. now owns 10,253 shares of the exchange traded fund’s stock valued at $582,000 after buying an additional 232 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 2.2%

EEM stock opened at $59.33 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The stock has a market cap of $27.50 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77. The business’s 50-day moving average is $65.43 and its 200 day moving average is $63.88.

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.