Balanced Wealth Group LLC Acquires 881 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Balanced Wealth Group LLC raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,758 shares of the exchange traded fund’s stock after buying an additional 881 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.0% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 19th largest position. Balanced Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,087,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after acquiring an additional 7,883,989 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4,632.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after purchasing an additional 3,203,501 shares during the period. Lazard Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 233.0% in the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock valued at $114,532,000 after purchasing an additional 1,916,377 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $67,244,000. Finally, Allstate Corp purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $58,336,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.4%

EEM opened at $47.79 on Thursday. The company has a market cap of $18.00 billion, a price-to-earnings ratio of 13.99 and a beta of 0.62. The stock has a fifty day simple moving average of $44.31 and a two-hundred day simple moving average of $43.64. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $47.97.

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).