iShares MSCI Emerging Markets ETF $EEM is Foundation Wealth Management LLC’s 10th Largest Position

Foundation Wealth Management LLC lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,032 shares of the exchange traded fund’s stock after selling 4,065 shares during the period. iShares MSCI Emerging Markets ETF makes up about 2.2% of Foundation Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Foundation Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,089,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Tompkins Financial Corp acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $27,000. Golden State Wealth Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares in the last quarter. Dunhill Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 589.6% during the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 796 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth about $41,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $54.48 on Tuesday. The stock has a market cap of $20.72 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $54.55. The business’s 50-day simple moving average is $51.04 and its 200 day simple moving average is $47.53.

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).