Cornerstone Planning Group LLC Boosts Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Cornerstone Planning Group LLC lifted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3,065.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 54,296 shares of the company’s stock after purchasing an additional 52,581 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,713,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEMG. Cloud Capital Management LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $32,000. Your Advocates Ltd. LLP purchased a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $36,000. First Horizon Corp acquired a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at about $41,000. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $44,000. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $62,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG stock opened at $72.83 on Tuesday. The firm has a market cap of $138.22 billion, a PE ratio of 14.65 and a beta of 0.65. The firm’s 50 day moving average price is $68.84 and its 200-day moving average price is $66.16. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $74.70.

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.