Nisa Investment Advisors LLC raised its holdings in shares of iShares Inc. (NYSEARCA:IEMG) by 297.5% during the fourth quarter, Holdings Channel reports. The fund owned 2,742,203 shares of the company’s stock after buying an additional 2,052,298 shares during the period. iShares comprises about 1.6% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Nisa Investment Advisors LLC’s holdings in iShares were worth $153,919,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of IEMG. Carlson Capital Management bought a new position in iShares during the fourth quarter valued at approximately $204,000. Simply Money Advisors grew its position in iShares by 1.6% during the fourth quarter. Simply Money Advisors now owns 268,338 shares of the company’s stock valued at $15,268,000 after acquiring an additional 4,217 shares during the last quarter. Chesley Taft & Associates LLC grew its position in iShares by 5.2% during the fourth quarter. Chesley Taft & Associates LLC now owns 41,838 shares of the company’s stock valued at $2,381,000 after acquiring an additional 2,075 shares during the last quarter. White Lighthouse Investment Management Inc. bought a new position in iShares during the fourth quarter valued at approximately $387,000. Finally, Pure Financial Advisors Inc. grew its position in iShares by 6.4% during the fourth quarter. Pure Financial Advisors Inc. now owns 39,114 shares of the company’s stock valued at $2,226,000 after acquiring an additional 2,341 shares during the last quarter.
iShares Inc. (NYSEARCA IEMG) traded up $0.53 during trading hours on Friday, hitting $59.73. The stock had a trading volume of 9,236,800 shares, compared to its average volume of 10,411,575. iShares Inc. has a 52-week low of $43.86 and a 52-week high of $59.37.
The business also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were paid a dividend of $0.9735 per share. This represents a dividend yield of 3.53%. The ex-dividend date of this dividend was Tuesday, December 19th.
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