TFB Advisors LLC Acquires New Holdings in iShares MSCI Emerging Markets ETF $EEM

TFB Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,321 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other large investors have also recently made changes to their positions in EEM. Brighton Jones LLC increased its stake in 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 purchasing an additional 1,940 shares during the period. Global Assets Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $360,000. Spire Wealth Management lifted its holdings in iShares MSCI Emerging Markets ETF by 0.8% during the 1st quarter. Spire Wealth Management now owns 49,631 shares of the exchange traded fund’s stock worth $2,169,000 after buying an additional 383 shares in the last quarter. Golden State Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 352 shares during the period. Finally, Inman Jager Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.5% in the 1st quarter. Inman Jager Wealth Management LLC now owns 61,623 shares of the exchange traded fund’s stock valued at $2,693,000 after buying an additional 307 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.9%

Shares of NYSEARCA EEM opened at $54.74 on Friday. The stock has a market cap of $20.81 billion, a P/E ratio of 14.46 and a beta of 0.74. The business’s fifty day simple moving average is $52.27 and its 200-day simple moving average is $48.43. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $55.03.

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).