Clarity Wealth Advisors LLC Boosts Stock Position in iShares MSCI Emerging Markets ETF $EEM

Clarity Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 209,326 shares of the exchange traded fund’s stock after purchasing an additional 18,637 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 2.4% of Clarity Wealth Advisors LLC’s holdings, making the stock its 12th largest position. Clarity Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,888,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. Jessup Wealth Management Inc acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $31,000. Finally, Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.2%

Shares of EEM stock opened at $65.70 on Friday. The stock has a market cap of $29.09 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.96 and a fifty-two week high of $71.57. The firm’s 50 day moving average price is $66.87 and its two-hundred day moving average price is $61.34.

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.