Urban Financial Advisory Corp Grows Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Urban Financial Advisory Corp increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.7% during the fourth quarter, Holdings Channel reports. The fund owned 90,609 shares of the exchange traded fund’s stock after purchasing an additional 2,347 shares during the period. iShares MSCI Emerging Markets ETF makes up about 2.1% of Urban Financial Advisory Corp’s portfolio, making the stock its 8th biggest position. Urban Financial Advisory Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $3,789,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. GM Advisory Group LLC boosted its position in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock valued at $1,107,000 after buying an additional 448 shares during the last quarter. QRG Capital Management Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $205,000. Jones Financial Companies Lllp boosted its position in iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after buying an additional 5,063 shares during the last quarter. Discovery Capital Management LLC CT acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $312,000. Finally, Carret Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 857 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

EEM stock opened at $46.36 on Tuesday. The business’s fifty day moving average is $43.54 and its 200-day moving average is $43.34. The company has a market cap of $17.46 billion, a P/E ratio of 13.99 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $47.44.

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).