Ausdal Financial Partners Inc. Has $6.60 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Ausdal Financial Partners Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2,766.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 123,678 shares of the exchange traded fund’s stock after purchasing an additional 119,363 shares during the period. Ausdal Financial Partners Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,604,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EEM. Versant Capital Management Inc increased its stake in iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC lifted its stake in iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares in the last quarter. Richardson Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at about $33,000. Traub Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $34,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $56.80 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $65.96. The firm’s 50 day simple moving average is $59.38 and its 200-day simple moving average is $55.69. The company has a market cap of $25.89 billion, a P/E ratio of 14.46 and a beta of 0.64.

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.