Hurley Capital LLC Takes Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Hurley Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,669 shares of the exchange traded fund’s stock, valued at approximately $323,000.

A number of other institutional investors and hedge funds have also modified their holdings of EEM. Chevy Chase Trust Holdings LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $898,000. Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 2.0% during the third quarter. Integrated Wealth Concepts LLC now owns 65,267 shares of the exchange traded fund’s stock worth $2,993,000 after buying an additional 1,271 shares in the last quarter. EP Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 82.9% during the 3rd quarter. EP Wealth Advisors LLC now owns 144,583 shares of the exchange traded fund’s stock worth $6,631,000 after acquiring an additional 65,526 shares during the last quarter. Glen Eagle Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.2% in the third quarter. Glen Eagle Advisors LLC now owns 34,434 shares of the exchange traded fund’s stock valued at $1,579,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Castleark Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 180.9% during the third quarter. Castleark Management LLC now owns 354,240 shares of the exchange traded fund’s stock worth $16,245,000 after purchasing an additional 228,140 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $40.58 on Friday. The business has a 50-day moving average of $43.84 and a 200-day moving average of $43.86. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The stock has a market capitalization of $15.43 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63.

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).