Johnson Financial Group Inc. Acquires 22,605 Shares of iShares MSCI Emerging Markets ETF $EEM

Johnson Financial Group Inc. grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 227.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,540 shares of the exchange traded fund’s stock after purchasing an additional 22,605 shares during the period. Johnson Financial Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,570,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EEM. Brighton Jones LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Assetmark Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 17.0% during the 1st quarter. Assetmark Inc. now owns 9,232 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 1,343 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth about $160,000. Arkadios Wealth Advisors grew its holdings in iShares MSCI Emerging Markets ETF by 20.9% during the 1st quarter. Arkadios Wealth Advisors now owns 9,675 shares of the exchange traded fund’s stock valued at $423,000 after buying an additional 1,671 shares in the last quarter. Finally, Hoxton Planning & Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $2,295,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.7%

Shares of iShares MSCI Emerging Markets ETF stock opened at $54.24 on Friday. The company’s 50-day moving average price is $54.23 and its 200-day moving average price is $50.56. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31. The company has a market cap of $20.62 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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).