iShares MSCI Emerging Markets ETF $EEM Shares Purchased by First Heartland Consultants Inc.

First Heartland Consultants Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 517.2% in the third quarter, HoldingsChannel reports. The fund owned 142,485 shares of the exchange traded fund’s stock after acquiring an additional 119,400 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $7,609,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Clarity Wealth Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF by 12.0% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock valued at $9,332,000 after buying an additional 18,658 shares in the last quarter. Allianz SE grew its holdings in shares of iShares MSCI Emerging Markets ETF by 2.9% in the second quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock valued at $18,078,000 after purchasing an additional 10,656 shares during the period. Allium Financial Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 108.0% during the second quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock worth $3,959,000 after purchasing an additional 42,613 shares during the last quarter. Yeomans Consulting Group Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth about $15,713,000. Finally, Corient Private Wealth LLC raised its stake in iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $61.65 on Tuesday. The company’s 50-day moving average is $57.88 and its two-hundred day moving average is $54.78. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $62.36. The firm has a market capitalization of $28.10 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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.