Strategic Investment Management LLC Buys 369,950 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Strategic Investment Management LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 139.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 635,003 shares of the company’s stock after buying an additional 369,950 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 11.4% of Strategic Investment Management LLC’s portfolio, making the stock its 4th largest holding. Strategic Investment Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $33,160,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEMG. RPg Family Wealth Advisory LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the third quarter valued at $25,000. Strategic Investment Solutions Inc. IL increased its position in iShares Core MSCI Emerging Markets ETF by 587.3% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock valued at $28,000 after acquiring an additional 417 shares during the period. Dakota Community Bank & Trust NA raised its stake in iShares Core MSCI Emerging Markets ETF by 92.7% during the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after acquiring an additional 242 shares during the last quarter. Family CFO Inc acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth approximately $40,000. Finally, Transcendent Capital Group LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 57.7% in the 3rd quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock valued at $41,000 after purchasing an additional 261 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

iShares Core MSCI Emerging Markets ETF stock opened at $53.35 on Friday. The business has a 50 day simple moving average of $53.37 and a 200-day simple moving average of $54.44. iShares Core MSCI Emerging Markets ETF has a 12 month low of $48.31 and a 12 month high of $59.00. The stock has a market capitalization of $78.96 billion, a PE 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.