Colton Groome Financial Advisors LLC Has $16.11 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

Colton Groome Financial Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 294,476 shares of the exchange traded fund’s stock after purchasing an additional 20,540 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 4.6% of Colton Groome Financial Advisors LLC’s holdings, making the stock its 4th biggest position. Colton Groome Financial Advisors LLC owned 0.06% of iShares MSCI Emerging Markets ETF worth $16,111,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. JMG Financial Group Ltd. boosted its stake in iShares MSCI Emerging Markets ETF by 14.9% in the 4th quarter. JMG Financial Group Ltd. now owns 23,441 shares of the exchange traded fund’s stock worth $1,282,000 after purchasing an additional 3,038 shares during the period. Florida Financial Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $522,000. Clear Harbor Asset Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 38.8% in the 4th quarter. Clear Harbor Asset Management LLC now owns 24,543 shares of the exchange traded fund’s stock worth $1,343,000 after purchasing an additional 6,862 shares during the period. Virtue Asset Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 9.3% in the 4th quarter. Virtue Asset Management LLC now owns 9,976 shares of the exchange traded fund’s stock worth $546,000 after purchasing an additional 845 shares during the period. Finally, Hazlett Burt & Watson Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 5.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $68.60 on Monday. The company has a market capitalization of $30.38 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 1-year low of $45.23 and a 1-year high of $69.11. The business has a 50 day simple moving average of $62.40 and a two-hundred day simple moving average of $59.03.

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). 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.