Murphy & Mullick Capital Management Corp Invests $144,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Murphy & Mullick Capital Management Corp acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,434 shares of the exchange traded fund’s stock, valued at approximately $144,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EEM. Shared Vision Wealth Group LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3.7% in the fourth quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 256 shares in the last quarter. Delap Wealth Advisory LLC grew 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 buying an additional 257 shares in the last quarter. Rockland Trust Co. increased its stake in shares of 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 worth $1,348,000 after acquiring an additional 260 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.9% during the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 272 shares during the period. Finally, Sax Wealth Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 3.1% during 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. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.6 %

Shares of EEM opened at $44.38 on Thursday. The firm has a 50-day moving average price of $43.71 and a 200 day moving average price of $43.83. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a market capitalization of $16.82 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).