Provenance Wealth Advisors LLC Raises Holdings in iShares MSCI Emerging Markets ETF $EEM

Provenance Wealth Advisors LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 680,340 shares of the exchange traded fund’s stock after acquiring an additional 23,089 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 4.7% of Provenance Wealth Advisors LLC’s holdings, making the stock its 7th biggest holding. Provenance Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $36,330,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Versant Capital Management Inc increased its holdings in iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares during the period. Richardson Capital Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth $33,000. Traub Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $34,000. Heartwood Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $37,000. Finally, Accredited Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $62.58 on Friday. The stock has a market cap of $28.53 billion, a PE ratio of 14.46 and a beta of 0.64. The stock has a 50-day moving average of $58.65 and a two-hundred day moving average of $55.12. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $65.96.

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.