Diversified Portfolios Inc. Grows Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Diversified Portfolios Inc. increased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 4.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 27,640 shares of the company’s stock after acquiring an additional 1,207 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.5% in the third quarter. NBC Securities Inc. now owns 29,688 shares of the company’s stock worth $1,704,000 after buying an additional 1,535 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after purchasing an additional 5,631,725 shares during the period. Ayalon Insurance Comp Ltd. raised its holdings in iShares Core MSCI Emerging Markets ETF by 66.5% in the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 134,319 shares of the company’s stock valued at $7,711,000 after buying an additional 53,668 shares during the period. Mechanics Financial Corp raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% in the 3rd quarter. Mechanics Financial Corp now owns 70,095 shares of the company’s stock valued at $4,024,000 after acquiring an additional 3,083 shares during the period. Finally, CKW Financial Group raised its position in iShares Core MSCI Emerging Markets ETF by 0.6% in the third quarter. CKW Financial Group now owns 692,731 shares of the company’s stock valued at $40,012,000 after purchasing an additional 4,156 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG opened at $53.97 on Wednesday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $49.05 and a 1 year high of $59.00. The stock has a market capitalization of $79.88 billion, a PE ratio of 11.74 and a beta of 0.85. The company’s 50-day simple moving average is $53.14 and its 200-day simple moving average is $54.35.

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.