LPL Financial LLC Increases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

LPL Financial LLC raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,995,125 shares of the exchange traded fund’s stock after buying an additional 35,297 shares during the period. LPL Financial LLC owned about 0.45% of iShares MSCI Emerging Markets ETF worth $84,972,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of EEM. Klingman & Associates LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.5% during the 1st quarter. Klingman & Associates LLC now owns 17,171 shares of the exchange traded fund’s stock worth $705,000 after purchasing an additional 252 shares during the last quarter. Carret Asset Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.3% in the second quarter. Carret Asset Management LLC now owns 19,525 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 258 shares in the last quarter. Patriot Investment Management Group Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 1.6% in the second quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock worth $683,000 after acquiring an additional 259 shares during the last quarter. Joseph Group Capital Management increased its position in shares of iShares MSCI Emerging Markets ETF by 12.2% during the fourth quarter. Joseph Group Capital Management now owns 2,414 shares of the exchange traded fund’s stock worth $97,000 after purchasing an additional 263 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $42.83 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $44.64. The company’s 50-day moving average price is $42.81 and its 200-day moving average price is $42.11.

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).