Rialto Wealth Management LLC Purchases New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Rialto Wealth Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,364 shares of the exchange traded fund’s stock, valued at approximately $57,000.

Other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc boosted its stake in iShares MSCI Emerging Markets ETF by 10.0% during the 3rd quarter. Atria Investments Inc now owns 28,043 shares of the exchange traded fund’s stock valued at $1,286,000 after purchasing an additional 2,539 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 380,097 shares of the exchange traded fund’s stock valued at $17,431,000 after purchasing an additional 6,546 shares in the last quarter. 17 Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $220,000. Del Sette Capital Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 314.1% during the third quarter. Del Sette Capital Management LLC now owns 130,377 shares of the exchange traded fund’s stock worth $5,979,000 after buying an additional 98,889 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in iShares MSCI Emerging Markets ETF by 21.8% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 18,337 shares of the exchange traded fund’s stock valued at $850,000 after buying an additional 3,279 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $44.42 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The company has a market capitalization of $16.45 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. The firm’s fifty day moving average price is $42.99 and its two-hundred day moving average price is $43.71.

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).