Atria Wealth Solutions Inc. Has $2.97 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Atria Wealth Solutions Inc. trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.8% in the second quarter, Holdings Channel reports. The fund owned 61,562 shares of the exchange traded fund’s stock after selling 10,721 shares during the period. Atria Wealth Solutions Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,973,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Endowment Wealth Management Inc. grew its stake in iShares MSCI Emerging Markets ETF by 24.7% in the second quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock valued at $1,789,000 after acquiring an additional 7,352 shares during the period. Concord Asset Management LLC VA acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $236,000. Sequoia Financial Advisors LLC grew its stake in iShares MSCI Emerging Markets ETF by 6.7% in the second quarter. Sequoia Financial Advisors LLC now owns 23,230 shares of the exchange traded fund’s stock valued at $1,121,000 after acquiring an additional 1,451 shares during the period. Yousif Capital Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 33.9% in the second quarter. Yousif Capital Management LLC now owns 106,975 shares of the exchange traded fund’s stock valued at $5,160,000 after acquiring an additional 27,081 shares during the period. Finally, Pandora Wealth Inc. grew its stake in iShares MSCI Emerging Markets ETF by 15.4% in the second quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock valued at $465,000 after acquiring an additional 1,290 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $52.97 on Wednesday. The stock has a market capitalization of $20.14 billion, a P/E ratio of 14.46 and a beta of 0.74. The business has a 50-day moving average of $51.61 and a 200-day moving average of $47.89. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.69.

iShares MSCI Emerging Markets ETF Company 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).