33,248 Shares in iShares MSCI Emerging Markets ETF $EEM Acquired by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,248 shares of the exchange traded fund’s stock, valued at approximately $2,221,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. Brighton Jones LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $6,755,000. StoneX Group Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $15,719,000. Axiom Investment Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $80,000. Allen Investment Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $4,933,000. Finally, Investment Management Corp VA ADV bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $1,594,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 2.2%

Shares of EEM stock opened at $59.33 on Friday. The firm has a fifty day simple moving average of $65.43 and a two-hundred day simple moving average of $63.88. iShares MSCI Emerging Markets ETF has a 12 month low of $52.38 and a 12 month high of $71.57. The firm has a market capitalization of $27.50 billion, a PE ratio of 14.46 and a beta of 0.77.

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.