GM Advisory Group LLC Boosts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

GM Advisory Group LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.7% during the fourth quarter, Holdings Channel reports. The firm owned 26,471 shares of the exchange traded fund’s stock after acquiring an additional 448 shares during the quarter. GM Advisory Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,107,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Shared Vision Wealth Group LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 256 shares in the last quarter. Delap Wealth Advisory LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 257 shares in the last quarter. Rockland Trust Co. lifted its holdings in iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 272 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock worth $380,000 after acquiring an additional 276 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $45.11 on Wednesday. The stock has a market capitalization of $17.09 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The business’s 50 day simple moving average is $43.31 and its 200-day simple moving average is $43.75.

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).