Worth Asset Management LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 40,705 shares of the company’s stock, valued at approximately $3,304,000. iShares Core MSCI Emerging Markets ETF comprises 1.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 22nd largest holding.
Other institutional investors and hedge funds also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Archer Investment Corp raised its stake in iShares Core MSCI Emerging Markets ETF by 148.1% in the first quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after buying an additional 274 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $35,000. Provenance Wealth Advisors LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the first quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock valued at $35,000 after buying an additional 371 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000.
iShares Core MSCI Emerging Markets ETF Stock Down 1.0%
Shares of IEMG stock traded down $0.85 during trading on Wednesday, reaching $82.19. 3,975,981 shares of the company’s stock were exchanged, compared to its average volume of 14,447,339. The stock has a market capitalization of $161.66 billion, a PE ratio of 14.65 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a twelve month low of $64.07 and a twelve month high of $86.49. The firm’s fifty day moving average price is $81.22 and its 200-day moving average price is $79.48.
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.
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