iShares MSCI Emerging Markets ETF $EEM Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 173.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 466,139 shares of the exchange traded fund’s stock after buying an additional 295,892 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.10% of iShares MSCI Emerging Markets ETF worth $31,889,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 53.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 30,799 shares of the exchange traded fund’s stock valued at $1,685,000 after purchasing an additional 10,735 shares in the last quarter. Eclectic Associates Inc. ADV purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $409,000. Erste Asset Management GmbH raised its position in shares of iShares MSCI Emerging Markets ETF by 1.2% during the 4th quarter. Erste Asset Management GmbH now owns 759,519 shares of the exchange traded fund’s stock worth $41,553,000 after purchasing an additional 8,700 shares during the last quarter. Csenge Advisory Group raised its position in shares of iShares MSCI Emerging Markets ETF by 858.1% during the 4th quarter. Csenge Advisory Group now owns 54,192 shares of the exchange traded fund’s stock worth $2,965,000 after purchasing an additional 48,536 shares during the last quarter. Finally, WCG Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $1,386,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.5%

EEM stock opened at $67.47 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $49.53 and a 12-month high of $71.57. The stock has a market cap of $30.33 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The business’s 50-day moving average is $65.74 and its 200 day moving average is $63.96.

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.