Insight Wealth Partners LLC Purchases New Stake in iShares MSCI Emerging Markets ETF $EEM

Insight Wealth Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 60,971 shares of the exchange traded fund’s stock, valued at approximately $4,171,000. iShares MSCI Emerging Markets ETF comprises approximately 0.6% of Insight Wealth Partners LLC’s holdings, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the first quarter valued at $27,000. BTG Pactual Asset Management US LLC grew its holdings in iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 46,071 shares during the period. Finally, MidFirst Bank purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $68.83 on Wednesday. The firm has a market cap of $30.94 billion, a PE ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average price is $65.81 and its two-hundred day moving average price is $64.13. iShares MSCI Emerging Markets ETF has a 1 year low of $51.10 and a 1 year high of $71.57.

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.