Madison Asset Management LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,898 shares of the company’s stock, valued at approximately $531,000.
A number of other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 36.4% during the third quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock valued at $810,146,000 after purchasing an additional 3,277,237 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% during the third quarter. Captrust Financial Advisors now owns 8,519,766 shares of the company’s stock valued at $561,617,000 after purchasing an additional 378,430 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 21.1% during the third quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock valued at $275,557,000 after purchasing an additional 726,865 shares during the period. Nationwide Fund Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 27.9% during the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after purchasing an additional 893,391 shares during the period. Finally, United Capital Financial Advisors LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.0% during the third quarter. United Capital Financial Advisors LLC now owns 3,504,248 shares of the company’s stock valued at $231,000,000 after purchasing an additional 135,073 shares during the period.
iShares Core MSCI Emerging Markets ETF Stock Up 0.3%
IEMG opened at $82.29 on Friday. The firm has a market capitalization of $159.72 billion, a P/E ratio of 14.65 and a beta of 0.71. The firm’s 50 day moving average is $74.27 and its 200-day moving average is $71.47. iShares Core MSCI Emerging Markets ETF has a 52-week low of $56.38 and a 52-week high of $83.29.
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.
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