3,434 Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Purchased by Murphy & Mullick Capital Management Corp

Murphy & Mullick Capital Management Corp bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 3,434 shares of the exchange traded fund’s stock, valued at approximately $144,000.

Several other hedge funds also recently bought and sold shares of the stock. Pillar Financial Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Compass Planning Associates Inc purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth $37,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $38,000. Finally, Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.6 %

EEM opened at $44.38 on Thursday. The stock’s 50-day moving average price is $43.71 and its 200 day moving average price is $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 cap of $16.82 billion, a price-to-earnings 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).