Crescent Grove Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 3.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 367,043 shares of the company’s stock after acquiring an additional 12,315 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises 2.5% of Crescent Grove Advisors LLC’s holdings, making the stock its 6th largest holding. Crescent Grove Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $25,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently made changes to their positions in IEMG. Cornerstone Financial Management LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at approximately $25,000. Modus Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $28,000. Archer Investment Corp boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 148.1% in the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after purchasing an additional 274 shares during the last quarter. Provenance Wealth Advisors LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock valued at $35,000 after purchasing an additional 371 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $35,000.
iShares Core MSCI Emerging Markets ETF Stock Down 1.4%
Shares of NYSEARCA IEMG opened at $76.98 on Friday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $59.67 and a twelve month high of $86.49. The firm has a fifty day simple moving average of $81.58 and a 200 day simple moving average of $76.05. The company has a market capitalization of $149.05 billion, a PE ratio of 14.65 and a beta of 0.72.
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.
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