Lifeworks Advisors LLC Boosts Position in iShares MSCI Emerging Markets ETF $EEM

Lifeworks Advisors LLC raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 51,803 shares of the exchange traded fund’s stock after acquiring an additional 12,092 shares during the quarter. Lifeworks Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,942,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Del Sette Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 22.2% in the 1st quarter. Del Sette Capital Management LLC now owns 200,855 shares of the exchange traded fund’s stock worth $11,406,000 after purchasing an additional 36,514 shares during the period. Diversify Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 9,367.8% during the first quarter. Diversify Wealth Management LLC now owns 363,092 shares of the exchange traded fund’s stock valued at $22,762,000 after buying an additional 359,257 shares during the period. Welch & Forbes LLC increased its holdings in iShares MSCI Emerging Markets ETF by 44.8% during the first quarter. Welch & Forbes LLC now owns 22,345 shares of the exchange traded fund’s stock valued at $1,269,000 after buying an additional 6,913 shares during the last quarter. Ferguson Wellman Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $384,000. Finally, Fifth Third Bancorp raised its position in iShares MSCI Emerging Markets ETF by 103.3% in the first quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock worth $82,220,000 after acquiring an additional 735,539 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.90 on Monday. The company’s fifty day simple moving average is $67.27 and its 200-day simple moving average is $61.90. The stock has a market capitalization of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57.

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.