First Merchants Corp Acquires 14,138 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

First Merchants Corp raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 20.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,213 shares of the company’s stock after buying an additional 14,138 shares during the quarter. First Merchants Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,437,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IEMG. Bank of Stockton lifted its position in iShares Core MSCI Emerging Markets ETF by 2.2% during the first quarter. Bank of Stockton now owns 136,891 shares of the company’s stock valued at $7,388,000 after purchasing an additional 2,962 shares during the last quarter. Western Wealth Management LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 7.5% in the 1st quarter. Western Wealth Management LLC now owns 26,280 shares of the company’s stock worth $1,418,000 after buying an additional 1,843 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of iShares Core MSCI Emerging Markets ETF by 27.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 11,103 shares of the company’s stock valued at $599,000 after buying an additional 2,421 shares in the last quarter. Golden State Wealth Management LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 151.2% during the 1st quarter. Golden State Wealth Management LLC now owns 12,772 shares of the company’s stock valued at $690,000 after buying an additional 7,688 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.9% during the 1st quarter. Bessemer Group Inc. now owns 1,380,715 shares of the company’s stock worth $74,517,000 after acquiring an additional 52,400 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $59.96 on Friday. The firm has a market capitalization of $95.12 billion, a PE ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $60.04. The firm has a fifty day moving average of $56.77 and a 200 day moving average of $54.51.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.