Parallel Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 25.0% in the first quarter, Holdings Channel reports. The fund owned 423,028 shares of the company’s stock after acquiring an additional 84,544 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $29,506,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of IEMG. Bank of New York Mellon Corp increased its holdings in iShares Core MSCI Emerging Markets ETF by 29.5% in the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock worth $1,452,814,000 after purchasing an additional 4,743,399 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Core MSCI Emerging Markets ETF by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after purchasing an additional 4,457,585 shares during the last quarter. Jabodon PT Co. acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $71,387,000. Captrust Financial Advisors boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock valued at $641,386,000 after purchasing an additional 1,021,822 shares in the last quarter. Finally, Nationwide Fund Advisors grew its holdings 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 worth $274,939,000 after purchasing an additional 893,391 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Trading Up 2.7%
NYSEARCA:IEMG opened at $80.24 on Wednesday. The stock’s 50-day moving average is $80.80 and its 200-day moving average is $76.81. iShares Core MSCI Emerging Markets ETF has a 1-year low of $60.58 and a 1-year high of $86.49. The stock has a market cap of $156.42 billion, a P/E ratio of 14.65 and a beta of 0.73.
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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Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report).
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