Outlook Wealth Advisors LLC Buys New Stake in iShares MSCI Emerging Markets ETF $EEM

Outlook Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 113,067 shares of the exchange traded fund’s stock, valued at approximately $6,419,000. iShares MSCI Emerging Markets ETF comprises approximately 1.5% of Outlook Wealth Advisors LLC’s investment portfolio, making the stock its 12th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $407,231,000. Hsbc Holdings PLC grew its holdings in iShares MSCI Emerging Markets ETF by 74.9% during the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after acquiring an additional 2,823,265 shares during the period. Board of Trustees of The Leland Stanford Junior University raised its position in iShares MSCI Emerging Markets ETF by 25.8% during the fourth quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after acquiring an additional 915,248 shares in the last quarter. LPL Financial LLC raised its position in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after acquiring an additional 196,473 shares in the last quarter. Finally, Mariner LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after acquiring an additional 447,010 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

iShares MSCI Emerging Markets ETF stock opened at $71.21 on Tuesday. The stock’s 50 day simple moving average is $66.07 and its two-hundred day simple moving average is $60.63. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $71.57. The firm has a market cap of $31.53 billion, a PE ratio of 14.46 and a beta of 0.73.

iShares MSCI Emerging Markets ETF Company 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.