Global Retirement Partners LLC Purchases Shares of 125,354 iShares MSCI Emerging Markets ETF $EEM

Global Retirement Partners LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 125,354 shares of the exchange traded fund’s stock, valued at approximately $6,047,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Barings LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $24,806,000. US Financial Advisors LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 11.6% in the 1st quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock valued at $9,918,000 after purchasing an additional 23,542 shares during the last quarter. Pandora Wealth Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 15.4% in the 2nd quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 1,290 shares during the period. Endowment Wealth Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 24.7% in the 2nd quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock worth $1,789,000 after purchasing an additional 7,352 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 21.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock valued at $5,969,000 after purchasing an additional 23,772 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.1%

Shares of EEM opened at $53.66 on Tuesday. The business has a fifty day moving average of $54.17 and a 200 day moving average of $50.45. The company has a market cap of $20.40 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.

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).