8,405 Shares in iShares MSCI Emerging Markets ETF $EEM Acquired by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC purchased a new position in 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 institutional investor purchased 8,405 shares of the exchange traded fund’s stock, valued at approximately $460,000.

Several other large investors also recently bought and sold shares of EEM. Versant Capital Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $31,000. BTG Pactual Asset Management US LLC boosted its position in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares during the last quarter. Woodside Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $33,000. Finally, Richardson Capital Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $33,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $65.07 on Friday. The stock has a market cap of $28.81 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a one year low of $45.23 and a one year high of $68.15. The business’s 50-day simple moving average is $60.66 and its 200 day simple moving average is $58.21.

iShares MSCI Emerging Markets ETF Profile

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.