Sincerus Advisory LLC Buys New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sincerus Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, HoldingsChannel reports. The fund purchased 37,114 shares of the exchange traded fund’s stock, valued at approximately $1,552,000. iShares MSCI Emerging Markets ETF accounts for approximately 1.7% of Sincerus Advisory LLC’s portfolio, making the stock its 18th largest holding.

Other institutional investors have also bought and sold shares of the company. Compass Planning Associates Inc purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $36,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth approximately $37,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $38,000. Atmos Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $40,000. Finally, CarsonAllaria Wealth Management Ltd. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 40.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 349 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $44.24 on Wednesday. The stock has a 50 day moving average price of $42.76 and a 200-day moving average price of $43.66. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The stock has a market cap of $16.38 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).