Davidson Trust Co. Has $656,000 Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Davidson Trust Co. grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,146 shares of the company’s stock after buying an additional 245 shares during the quarter. Davidson Trust Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $656,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEMG. Mascagni Wealth Management Inc. bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $26,000. NewSquare Capital LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $28,000. Inlight Wealth Management LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the first quarter valued at $34,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at $35,000. Finally, OLD Point Trust & Financial Services N A bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $36,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.5%

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $60.62 on Friday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $60.66. The stock has a market capitalization of $96.17 billion, a P/E ratio of 14.65 and a beta of 0.75. The company has a 50-day simple moving average of $57.51 and a 200 day simple moving average of $54.68.

iShares Core MSCI Emerging Markets ETF 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.