Roberts Glore & Co. Inc. IL Buys Shares of 12,023 iShares MSCI Emerging Markets ETF $EEM

Roberts Glore & Co. Inc. IL purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, Holdings Channel reports. The firm purchased 12,023 shares of the exchange traded fund’s stock, valued at approximately $642,000.

Other hedge funds also recently made changes to their positions in the company. Clarity Wealth Advisors LLC grew its position 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. Yeomans Consulting Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $15,713,000. Allianz SE boosted 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 acquiring an additional 10,656 shares in the last quarter. Allium Financial Advisors LLC increased its stake in shares of 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 valued at $3,959,000 after acquiring an additional 42,613 shares during the period. Finally, Corient Private Wealth LLC raised its holdings 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 in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $63.31 on Thursday. The business has a 50 day moving average price of $58.29 and a two-hundred day moving average price of $54.93. The company has a market capitalization of $28.86 billion, a price-to-earnings 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 $63.43.

About iShares MSCI Emerging Markets ETF

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.