Optimum Investment Advisors Has $378,000 Stake in iShares MSCI Emerging Markets ETF $EEM

Optimum Investment Advisors raised its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,826 shares of the exchange traded fund’s stock after buying an additional 214 shares during the period. Optimum Investment Advisors’ holdings in iShares MSCI Emerging Markets ETF were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Sowell Financial Services LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.3% during the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after buying an additional 211 shares in the last quarter. Red Tortoise LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.8% in 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 in the last quarter. Private Wealth Asset Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.6% in 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 in the last quarter. Hardin Capital Partners LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 3.2% in 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 in the last quarter. Finally, ShoreHaven Wealth Partners LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.4% in 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 in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $55.10 on Friday. The firm has a market cap of $20.95 billion, a P/E ratio of 14.46 and a beta of 0.74. The firm has a 50 day simple moving average of $52.37 and a 200 day simple moving average of $48.61. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $55.21.

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).