Mycio Wealth Partners LLC Increases Stake in iShares MSCI Emerging Markets ETF $EEM

Mycio Wealth Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,993 shares of the exchange traded fund’s stock after purchasing an additional 292 shares during the period. iShares MSCI Emerging Markets ETF makes up 0.4% of Mycio Wealth Partners LLC’s investment portfolio, making the stock its 22nd largest holding. Mycio Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sowell Financial Services LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.3% in the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares in the last quarter. Red Tortoise LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% during the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock valued at $1,385,000 after purchasing an additional 220 shares during the period. Private Wealth Asset Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.6% during the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock valued at $1,871,000 after purchasing an additional 236 shares during the period. Hardin Capital Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% during the second quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 237 shares during the period. Finally, ShoreHaven Wealth Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% during the second quarter. ShoreHaven Wealth Partners LLC now owns 17,714 shares of the exchange traded fund’s stock valued at $855,000 after purchasing an additional 238 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.7%

EEM opened at $55.10 on Friday. The firm has a market capitalization of $20.95 billion, a P/E ratio of 14.46 and a beta of 0.74. The firm’s 50 day moving average is $52.37 and its 200-day moving average is $48.54. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $55.21.

About iShares MSCI Emerging Markets ETF

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).