NerdWallet Wealth Partners LLC Purchases Shares of 31,779 iShares MSCI Emerging Markets ETF $EEM

NerdWallet Wealth Partners LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 31,779 shares of the exchange traded fund’s stock, valued at approximately $1,805,000. iShares MSCI Emerging Markets ETF accounts for approximately 0.8% of NerdWallet Wealth Partners LLC’s portfolio, making the stock its 17th biggest position.

Other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC lifted its position in iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the period. Board of Trustees of The Leland Stanford Junior University increased its holdings in iShares MSCI Emerging Markets ETF by 25.8% in the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after buying an additional 915,248 shares during the period. LPL Financial LLC increased its holdings in iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after buying an additional 196,473 shares during the period. Mariner LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after buying an additional 447,010 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after buying an additional 313,978 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $65.57 on Thursday. The company has a 50-day moving average of $67.25 and a 200-day moving average of $62.13. iShares MSCI Emerging Markets ETF has a 52 week low of $47.98 and a 52 week high of $71.57. The company has a market capitalization of $29.03 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72.

iShares MSCI Emerging Markets ETF Company 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.