iShares MSCI Emerging Markets ETF $EEM Shares Bought by Colton Groome Financial Advisors LLC

Colton Groome Financial Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 273,936 shares of the exchange traded fund’s stock after buying an additional 23,048 shares during the period. iShares MSCI Emerging Markets ETF comprises 4.5% of Colton Groome Financial Advisors LLC’s holdings, making the stock its 4th largest position. Colton Groome Financial Advisors LLC owned 0.07% of iShares MSCI Emerging Markets ETF worth $14,628,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EEM. BIP Wealth LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.5% in the third quarter. BIP Wealth LLC now owns 302,881 shares of the exchange traded fund’s stock valued at $16,174,000 after acquiring an additional 4,368 shares during the period. Fairway Wealth LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 4.7% during the third quarter. Fairway Wealth LLC now owns 253,880 shares of the exchange traded fund’s stock worth $13,557,000 after purchasing an additional 11,335 shares during the period. Triad Wealth Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 142.2% during the 3rd quarter. Triad Wealth Partners LLC now owns 10,571 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 6,207 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $3,033,000. Finally, Joel Isaacson & Co. LLC increased its stake in iShares MSCI Emerging Markets ETF by 34.7% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 19,091 shares of the exchange traded fund’s stock worth $1,019,000 after purchasing an additional 4,920 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $58.26 on Thursday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $58.48. The company’s 50 day moving average price is $55.11 and its two-hundred day moving average price is $52.91. The company has a market capitalization of $23.88 billion, a P/E ratio of 14.46 and a beta of 0.64.

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). 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.