Aprio Wealth Management LLC Invests in iShares MSCI Emerging Markets ETF

Aprio Wealth Management LLC recently announced the purchase of a new stake in the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM). This investment activity was reported in their latest 13F filing with the Securities and Exchange Commission (SEC). During the fourth quarter, the firm acquired 5,323 shares of this exchange-traded fund, which is valued at approximately $223,000.

In addition to Aprio's investment, various other hedge funds and institutional investors have also been making adjustments to their holdings in the iShares MSCI Emerging Markets ETF. For instance, Clarus Wealth Advisors increased its stake by 0.7% in the third quarter, bringing its total to 33,534 shares valued at $1,588,000 after purchasing an additional 232 shares. Glass Jacobson Investment Advisors LLC also enhanced its position by 1.2%, owning now 24,497 shares worth $1,123,000 post an acquisition of 279 shares.

Other notable adjustments include One Wealth Advisors LLC, which raised its position in the fund by 2.6%, now holding 10,915 shares valued at $501,000. Additionally, Chesapeake Wealth Management reported a 2.1% increase in its stake during the second quarter, resulting in ownership of 16,661 shares worth $710,000 after acquiring an extra 346 shares. Chicago Partners Investment Group LLC also grew its investment by 0.6%, leading to ownership of 59,565 shares valued at $2,694,000 following an acquisition of 353 shares during the period. In total, 81.39% of the iShares MSCI Emerging Markets ETF is owned by hedge funds and institutional investors.

Performance of iShares MSCI Emerging Markets ETF

As of the latest trading session, the iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) opened at $41.27. The fund has a 50-day simple moving average of $43.01 and a 200-day simple moving average of $43.56. Over the past year, the ETF has fluctuated between a low of $37.48 and a high of $47.44.

About iShares MSCI Emerging Markets ETF

The iShares MSCI Emerging Markets ETF, formerly known as the iShares MSCI Emerging Markets Index Fund, aims to provide investment results that closely correspond to the performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index.

investment, ETF, Aprio