SteelPeak Wealth LLC Grows Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SteelPeak Wealth LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 208,924 shares of the exchange traded fund’s stock after acquiring an additional 15,065 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,581,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Clarus Wealth Advisors grew its stake in iShares MSCI Emerging Markets ETF by 0.7% in the 3rd quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock worth $1,588,000 after buying an additional 232 shares in the last quarter. Klingman & Associates LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.5% in the first quarter. Klingman & Associates LLC now owns 17,171 shares of the exchange traded fund’s stock valued at $705,000 after acquiring an additional 252 shares during the last quarter. Carret Asset Management LLC raised its position in iShares MSCI Emerging Markets ETF by 1.3% during the second quarter. Carret Asset Management LLC now owns 19,525 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 258 shares in the last quarter. Patriot Investment Management Group Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 1.6% during the second quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock worth $683,000 after purchasing an additional 259 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in iShares MSCI Emerging Markets ETF by 0.8% during the second quarter. Signaturefd LLC now owns 32,305 shares of the exchange traded fund’s stock worth $1,376,000 after purchasing an additional 263 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock traded down $0.37 during trading on Wednesday, hitting $44.81. 12,079,452 shares of the stock traded hands, compared to its average volume of 28,327,398. iShares MSCI Emerging Markets ETF has a 52 week low of $36.41 and a 52 week high of $47.44. The firm’s fifty day moving average is $44.53 and its 200-day moving average is $43.14.

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).