Madison Park Capital Advisors LLC Buys Shares of 55,032 iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Madison Park Capital Advisors LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 55,032 shares of the company’s stock, valued at approximately $3,159,000. iShares Core MSCI Emerging Markets ETF makes up approximately 2.4% of Madison Park Capital Advisors LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. OLD Mission Capital LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 168.2% in the first quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock valued at $372,061,000 after buying an additional 4,521,769 shares during the last quarter. TIAA Trust National Association lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 12.0% during the second quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock worth $2,193,250,000 after purchasing an additional 4,390,144 shares during the period. Valeo Financial Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 2,091.4% in the 1st quarter. Valeo Financial Advisors LLC now owns 2,425,340 shares of the company’s stock valued at $125,148,000 after buying an additional 2,314,666 shares during the last quarter. Retirement Investment Advisors Inc. acquired a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $57,724,000. Finally, Flow Traders U.S. LLC purchased a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth $35,886,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of NYSEARCA:IEMG opened at $57.32 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $45.57 and a fifty-two week high of $59.00. The firm’s 50-day simple moving average is $55.39 and its 200-day simple moving average is $53.89. The company has a market cap of $84.83 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

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.