Diversify Wealth Management LLC Boosts Holdings in iShares MSCI Emerging Markets ETF $EEM

Diversify Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9,367.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 363,092 shares of the exchange traded fund’s stock after purchasing an additional 359,257 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $22,762,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEM. Founders Financial Securities LLC lifted its position in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares during the period. Hazlett Burt & Watson Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares during the period. Cim LLC increased its stake in iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after buying an additional 182 shares in the last quarter. Nicolet Advisory Services LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 2.9% during the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 184 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its holdings in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock valued at $609,000 after buying an additional 186 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

NYSEARCA EEM traded up $0.12 on Friday, reaching $66.90. The company had a trading volume of 18,686,703 shares, compared to its average volume of 37,151,805. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The firm’s 50 day moving average price is $67.27 and its 200 day moving average price is $61.84. The stock has a market capitalization of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72.

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.