Lifestyle Asset Management Inc. Has $1.97 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Lifestyle Asset Management Inc. raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 122.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 36,844 shares of the exchange traded fund’s stock after acquiring an additional 20,311 shares during the quarter. Lifestyle Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,967,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tompkins Financial Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $26,000. Maseco LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $27,000. Hemington Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth $34,000. Traub Capital Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $35,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $53.72 on Friday. The company has a 50-day moving average price of $54.44 and a 200-day moving average price of $51.46. The stock has a market capitalization of $20.43 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31.

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.