WESPAC Advisors LLC Acquires 24,632 Shares of iShares MSCI Emerging Markets ETF $EEM

WESPAC Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,632 shares of the exchange traded fund’s stock, valued at approximately $1,645,000. iShares MSCI Emerging Markets ETF comprises approximately 0.8% of WESPAC Advisors LLC’s portfolio, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University grew its holdings in shares of iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after buying an additional 4,577,226 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after buying an additional 189,366 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 9.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after buying an additional 228,966 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of iShares MSCI Emerging Markets ETF by 103.3% in the first quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock valued at $82,220,000 after buying an additional 735,539 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

Shares of EEM opened at $61.82 on Tuesday. The company has a market capitalization of $28.65 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The company’s 50 day simple moving average is $66.52 and its 200 day simple moving average is $63.69. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57.

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.