Lodestar Private Asset Management LLC Purchases 655 Shares of iShares MSCI Emerging Markets ETF $EEM

Lodestar Private Asset Management LLC raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,538 shares of the exchange traded fund’s stock after purchasing an additional 655 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $701,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. Brighton Jones LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. CX Institutional acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $178,000. BigSur Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 10.6% in the 1st quarter. BigSur Wealth Management LLC now owns 18,300 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 1,750 shares during the period. Dynamic Advisor Solutions LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 14.6% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 21,094 shares of the exchange traded fund’s stock valued at $922,000 after purchasing an additional 2,691 shares during the period. Finally, Aries Wealth Management raised its stake in shares of iShares MSCI Emerging Markets ETF by 14.1% in the 1st quarter. Aries Wealth Management now owns 124,759 shares of the exchange traded fund’s stock valued at $5,452,000 after purchasing an additional 15,427 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $51.94 on Friday. The company has a market capitalization of $19.75 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The business’s 50-day moving average price is $51.43 and its two-hundred day moving average price is $47.76. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $54.69.

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).