HORAN Wealth LLC Increases Position in iShares MSCI Emerging Markets ETF $EEM

HORAN Wealth LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 183.3% in the third quarter, HoldingsChannel.com reports. The firm owned 15,056 shares of the exchange traded fund’s stock after buying an additional 9,741 shares during the quarter. HORAN Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $804,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EEM. Gries Financial LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 187 shares during the period. Brown Lisle Cummings Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 201 shares in the last quarter. Optimum Investment Advisors raised its position in iShares MSCI Emerging Markets ETF by 2.8% during the second quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 214 shares during the period. Westmount Partners LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 2.0% during the third quarter. Westmount Partners LLC now owns 10,894 shares of the exchange traded fund’s stock valued at $586,000 after purchasing an additional 218 shares in the last quarter. Finally, Private Wealth Asset Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 0.6% in the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock valued at $1,871,000 after purchasing an additional 236 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 1.3%

EEM stock opened at $58.80 on Thursday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $60.95. The firm has a 50-day simple moving average of $56.21 and a 200-day simple moving average of $53.68. The stock has a market capitalization of $26.80 billion, a P/E ratio of 14.46 and a beta of 0.64.

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.