Landing Point Financial Group LLC Has $4.43 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Landing Point Financial Group LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 24.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,011 shares of the exchange traded fund’s stock after buying an additional 16,436 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 2.3% of Landing Point Financial Group LLC’s portfolio, making the stock its 10th largest position. Landing Point Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,433,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Wealthedge Investment Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 214.7% during the third quarter. Wealthedge Investment Advisors LLC now owns 78,492 shares of the exchange traded fund’s stock valued at $4,191,000 after acquiring an additional 53,551 shares during the last quarter. Accredited Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 206 shares during the period. Allianz SE raised its position in iShares MSCI Emerging Markets ETF by 2.3% during the 3rd quarter. Allianz SE now owns 383,216 shares of the exchange traded fund’s stock worth $20,464,000 after purchasing an additional 8,466 shares during the last quarter. MGB Wealth Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 1,219.1% during the 3rd quarter. MGB Wealth Management LLC now owns 14,510 shares of the exchange traded fund’s stock worth $775,000 after buying an additional 13,410 shares during the period. Finally, Erste Asset Management GmbH grew its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the 3rd quarter. Erste Asset Management GmbH now owns 750,819 shares of the exchange traded fund’s stock valued at $40,030,000 after buying an additional 6,101 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.2%

Shares of EEM stock opened at $62.58 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96. The stock has a market cap of $28.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a 50-day moving average of $58.65 and a 200-day moving average of $55.08.

About iShares MSCI Emerging Markets ETF

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.