LGL Partners LLC Has $9.92 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

LGL Partners LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 185,833 shares of the exchange traded fund’s stock after selling 11,396 shares during the period. iShares MSCI Emerging Markets ETF accounts for 4.2% of LGL Partners LLC’s investment portfolio, making the stock its 7th biggest position. LGL Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,924,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $407,231,000. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after acquiring an additional 3,149,813 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the last quarter. Invesco Ltd. purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $100,644,000. Finally, Bank of Nova Scotia raised its position in iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after purchasing an additional 1,700,100 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded up $0.96 during mid-day trading on Friday, hitting $57.91. 3,344,591 shares of the stock traded hands, compared to its average volume of 45,160,137. The company has a market cap of $26.40 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a fifty day moving average price of $59.37 and a 200-day moving average price of $55.61. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $65.96.

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). 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.