XP Advisory US Inc. Buys Shares of 8,272 iShares MSCI Emerging Markets ETF $EEM

XP Advisory US Inc. purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the second quarter, according to its most recent filing with the SEC. The firm purchased 8,272 shares of the exchange traded fund’s stock, valued at approximately $566,000. iShares MSCI Emerging Markets ETF accounts for 0.3% of XP Advisory US Inc.’s portfolio, making the stock its 14th biggest holding.

Other large investors have also recently made changes to their positions in the company. Founders Financial Securities LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.0% in the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after purchasing an additional 167 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares in the last quarter. Cim LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.0% in the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 182 shares in the last quarter. Finally, Nicolet Advisory Services LLC raised its holdings in iShares MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 184 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $68.70 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $50.17 and a fifty-two week high of $71.57. The stock has a market capitalization of $30.88 billion, a P/E ratio of 14.46 and a beta of 0.74. The company’s 50-day simple moving average is $65.77 and its 200-day simple moving average is $64.00.

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.