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

Hurley Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 7,669 shares of the exchange traded fund’s stock, valued at approximately $323,000.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Emerging Markets ETF by 1,724.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after buying an additional 3,203,501 shares during the period. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $105,980,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $67,244,000. Finally, Allstate Corp bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $58,336,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 5.6 %

NYSEARCA:EEM opened at $40.58 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month 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. The firm has a fifty day simple moving average of $43.84 and a two-hundred day simple moving average of $43.86.

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).