Lifeworks Advisors LLC Raises Stake in iShares MSCI Emerging Markets ETF $EEM

Lifeworks Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,803 shares of the exchange traded fund’s stock after purchasing an additional 12,092 shares during the period. Lifeworks Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,942,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $27,000. BTG Pactual Asset Management US LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $66.90 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57. The company has a 50 day simple moving average of $67.27 and a two-hundred day simple moving average of $61.90. The firm has a market cap of $29.62 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.