Oldfather Financial Services LLC Increases Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Oldfather Financial Services LLC raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 98,745 shares of the exchange traded fund’s stock after acquiring an additional 9,172 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 1.6% of Oldfather Financial Services LLC’s holdings, making the stock its 15th largest holding. Oldfather Financial Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,273,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of EEM. Brighton Jones LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Nuveen LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $1,814,000. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 9.3% in the first quarter. Ameriprise Financial Inc. now owns 941,384 shares of the exchange traded fund’s stock worth $41,168,000 after buying an additional 79,901 shares during the last quarter. Compound Planning Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth $237,000. Finally, Rafferty Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 29.5% during the first quarter. Rafferty Asset Management LLC now owns 144,223 shares of the exchange traded fund’s stock worth $6,303,000 after buying an additional 32,825 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $54.80 on Friday. The firm has a market capitalization of $20.84 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31. The company’s fifty day moving average price is $54.51 and its 200-day moving average price is $51.73.

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.