Ethos Financial Group LLC Acquires 138,518 Shares of iShares MSCI Emerging Markets ETF $EEM

Ethos Financial Group LLC increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1,883.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 145,871 shares of the exchange traded fund’s stock after purchasing an additional 138,518 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,790,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EEM. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock worth $223,062,000 after buying an additional 3,149,813 shares during the period. Corient Private Wealth LLC raised its stake in iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after acquiring an additional 2,181,269 shares during the period. Invesco Ltd. purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $100,644,000. Bank of Nova Scotia lifted its holdings in iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Finally, Bailard Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 670.9% in the second quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock worth $91,385,000 after purchasing an additional 1,648,670 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $56.85 on Thursday. The stock has a market cap of $21.92 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $57.43. The firm has a fifty day moving average price of $54.62 and a 200-day moving average price of $52.24.

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.