iShares MSCI Emerging Markets ETF $EEM Position Boosted by Jacksonville Wealth Management LLC

Jacksonville Wealth Management LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,415 shares of the exchange traded fund’s stock after buying an additional 9,285 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 2.3% of Jacksonville Wealth Management LLC’s holdings, making the stock its 12th largest position. Jacksonville Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,369,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Sageworth Trust Co bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $280,000. Chicago Partners Investment Group LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $3,750,000. City of London Investment Management Co. Ltd. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $8,362,000. Putney Financial Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $72,000. Finally, Integrity Alliance LLC. acquired a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $260,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $61.62 on Thursday. The firm has a market cap of $28.56 billion, a PE ratio of 14.46 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a 12 month low of $52.38 and a 12 month high of $71.57. The firm has a 50 day simple moving average of $65.78 and a 200 day simple moving average of $63.87.

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.