Retirement Planning Group LLC Acquires New Holdings in iShares MSCI Emerging Markets ETF $EEM

Retirement Planning Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,631 shares of the exchange traded fund’s stock, valued at approximately $576,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares MSCI Emerging Markets ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after buying an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University lifted its position in shares of iShares MSCI Emerging Markets ETF by 102.7% during the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after buying an additional 4,577,226 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $68,571,000. Fifth Third Bancorp grew its stake in iShares MSCI Emerging Markets ETF by 103.3% in the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock valued at $82,220,000 after acquiring an additional 735,539 shares during the period. Finally, Gradient Investments LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $45,301,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $63.57 on Thursday. The firm has a market cap of $29.46 billion, a PE ratio of 14.46 and a beta of 0.74. The firm has a fifty day moving average of $66.76 and a 200 day moving average of $65.87. iShares MSCI Emerging Markets ETF has a one year low of $52.38 and a one year high of $71.57.

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.