Next Capital Management LLC Purchases 8,041 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Next Capital Management LLC lifted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 10.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,147 shares of the company’s stock after acquiring an additional 8,041 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 1.8% of Next Capital Management LLC’s portfolio, making the stock its 14th largest position. Next Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,931,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IEMG. Bank of New York Mellon Corp grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 15.9% in the 1st quarter. Bank of New York Mellon Corp now owns 7,628,974 shares of the company’s stock worth $411,736,000 after acquiring an additional 1,044,682 shares in the last quarter. TD Private Client Wealth LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 8.1% in the 1st quarter. TD Private Client Wealth LLC now owns 772,819 shares of the company’s stock worth $41,709,000 after acquiring an additional 57,779 shares in the last quarter. Fairway Wealth LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 20.7% in the 1st quarter. Fairway Wealth LLC now owns 102,396 shares of the company’s stock worth $5,526,000 after acquiring an additional 17,585 shares in the last quarter. Synergy Investment Management LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 64.4% in the 1st quarter. Synergy Investment Management LLC now owns 11,161 shares of the company’s stock worth $602,000 after acquiring an additional 4,371 shares in the last quarter. Finally, 49 Wealth Management LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 10.4% in the 1st quarter. 49 Wealth Management LLC now owns 537,418 shares of the company’s stock worth $29,004,000 after acquiring an additional 50,413 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $68.73 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.29 and a 1 year high of $69.46. The firm has a market cap of $115.51 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The company has a fifty day moving average price of $65.66 and a 200-day moving average price of $61.17.

About iShares Core MSCI Emerging Markets ETF

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.