13,622 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,622 shares of the exchange traded fund’s stock, valued at approximately $910,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Marble Harbor Investment Counsel LLC bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at $1,296,000. Allworth Financial LP boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 6.5% during the third quarter. Allworth Financial LP now owns 40,383 shares of the exchange traded fund’s stock valued at $2,763,000 after acquiring an additional 2,460 shares during the period. Fisher Asset Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at $322,000. Legacy Trust grew its position in shares of iShares MSCI Emerging Markets ETF by 3.8% during the third quarter. Legacy Trust now owns 52,038 shares of the exchange traded fund’s stock worth $3,176,000 after acquiring an additional 1,910 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in shares of iShares MSCI Emerging Markets ETF by 25.8% during the third quarter. Russell Investments Group Ltd. now owns 8,295 shares of the exchange traded fund’s stock worth $554,000 after acquiring an additional 1,701 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock traded down $0.22 during trading hours on Friday, reaching $60.92. The stock had a trading volume of 27,785,520 shares, compared to its average volume of 30,890,666. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57. The firm has a 50-day simple moving average of $64.84 and a 200-day simple moving average of $63.93. The firm has a market capitalization of $28.24 billion, a PE ratio of 12.06 and a beta of 0.77.

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.