Mycio Wealth Partners LLC Makes New $2.18 Million Investment in iShares MSCI Emerging Markets ETF $EEM

Mycio Wealth Partners LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 32,575 shares of the exchange traded fund’s stock, valued at approximately $2,176,000. iShares MSCI Emerging Markets ETF makes up 0.4% of Mycio Wealth Partners LLC’s holdings, making the stock its 21st largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. XP Advisory US Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth about $566,000. IFP Advisors Inc increased its holdings in shares of iShares MSCI Emerging Markets ETF by 233.9% during the second quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock valued at $7,105,000 after acquiring an additional 72,758 shares in the last quarter. First Heartland Consultants Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $17,116,000. Heritage Investors Management Corp purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $2,322,000. Finally, Buska Wealth Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 77.9% in the 3rd quarter. Buska Wealth Management LLC now owns 74,384 shares of the exchange traded fund’s stock valued at $4,968,000 after purchasing an additional 32,561 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $59.33 on Monday. The company has a market cap of $27.50 billion, a PE ratio of 14.46 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57. The company’s 50 day moving average is $65.43 and its two-hundred day moving average is $63.88.

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.