Evanson Financial LLC Invests $917,000 in iShares MSCI Emerging Markets ETF $EEM

Evanson Financial LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,400 shares of the exchange traded fund’s stock, valued at approximately $917,000.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $462,000. Finally, Quantinno Capital Management LP grew its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.0%

Shares of EEM opened at $65.64 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $49.23 and a twelve month high of $71.57. The company has a market capitalization of $29.51 billion, a P/E ratio of 14.46 and a beta of 0.74. The firm has a 50 day moving average of $66.38 and a 200 day moving average of $63.00.

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.