Simplicity Wealth LLC Buys 8,718 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Simplicity Wealth LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,454 shares of the exchange traded fund’s stock after acquiring an additional 8,718 shares during the period. Simplicity Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,357,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Shared Vision Wealth Group LLC lifted its position in iShares MSCI Emerging Markets ETF by 3.7% during the fourth quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after acquiring an additional 256 shares during the last quarter. Delap Wealth Advisory LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% in the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 257 shares during the last quarter. Rockland Trust Co. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after buying an additional 260 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 272 shares during the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 276 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.5 %

NYSEARCA EEM opened at $44.42 on Monday. The company has a fifty day simple moving average of $42.99 and a two-hundred day simple moving average of $43.71. The stock has a market cap of $16.45 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44.

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).