Expressive Wealth LLC Takes $1.69 Million Position in iShares MSCI Emerging Markets ETF $EEM

Expressive Wealth LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, Holdings Channel reports. The institutional investor bought 30,808 shares of the exchange traded fund’s stock, valued at approximately $1,686,000. iShares MSCI Emerging Markets ETF makes up about 1.8% of Expressive Wealth LLC’s portfolio, making the stock its 14th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. BTG Pactual Asset Management US LLC raised its holdings in iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Woodside Wealth Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. Accredited Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 206 shares in the last quarter. Finally, Painted Porch Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $37,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 3.8%

NYSEARCA EEM opened at $68.40 on Wednesday. The stock has a market capitalization of $30.29 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 52-week low of $45.23 and a 52-week high of $68.50. The firm has a 50-day moving average price of $61.78 and a 200 day moving average price of $58.75.

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.