Raymond James Financial Inc. Takes $67.24 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 1,607,934 shares of the exchange traded fund’s stock, valued at approximately $67,244,000. Raymond James Financial Inc. owned 0.43% of iShares MSCI Emerging Markets ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Shared Vision Wealth Group LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after acquiring an additional 256 shares during the last quarter. Delap Wealth Advisory LLC increased its holdings in iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 257 shares during the last quarter. Rockland Trust Co. increased its holdings in iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after acquiring an additional 260 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 272 shares during the last quarter. Finally, Sax Wealth Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 276 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 2.4 %

Shares of NYSEARCA:EEM opened at $43.36 on Tuesday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The stock has a market capitalization of $16.06 billion, a P/E ratio of 14.53 and a beta of 0.70. The firm has a fifty day simple moving average of $43.02 and a two-hundred day simple moving average of $43.71.

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).