Allworth Financial LP Acquires 2,031 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Allworth Financial LP lifted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,276 shares of the exchange traded fund’s stock after buying an additional 2,031 shares during the period. Allworth Financial LP’s holdings in iShares MSCI Emerging Markets ETF were worth $1,405,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in EEM. Parr Mcknight Wealth Management Group LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.7% during the first quarter. Parr Mcknight Wealth Management Group LLC now owns 147,841 shares of the exchange traded fund’s stock worth $6,461,000 after buying an additional 2,422 shares during the period. Bridges Investment Management Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.0% in the 1st quarter. Bridges Investment Management Inc. now owns 116,050 shares of the exchange traded fund’s stock worth $5,071,000 after acquiring an additional 3,333 shares during the last quarter. Banque Pictet & Cie SA boosted its stake in shares of iShares MSCI Emerging Markets ETF by 5.2% during the 1st quarter. Banque Pictet & Cie SA now owns 215,061 shares of the exchange traded fund’s stock worth $9,398,000 after purchasing an additional 10,600 shares during the period. Principal Securities Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 14.4% during the 1st quarter. Principal Securities Inc. now owns 20,201 shares of the exchange traded fund’s stock valued at $845,000 after purchasing an additional 2,550 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in iShares MSCI Emerging Markets ETF by 2.3% during the 1st quarter. M&T Bank Corp now owns 846,716 shares of the exchange traded fund’s stock valued at $37,001,000 after purchasing an additional 18,798 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $48.26 on Friday. The firm has a market capitalization of $18.35 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $48.80. The company’s 50-day moving average is $46.85 and its 200 day moving average is $44.33.

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).