Pointe Capital Management LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 1.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,231 shares of the company’s stock after acquiring an additional 1,427 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 2.9% of Pointe Capital Management LLC’s holdings, making the stock its 6th largest position. Pointe Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently modified their holdings of IEMG. OLD Mission Capital LLC increased its position in iShares Core MSCI Emerging Markets ETF by 168.2% during the 1st quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock worth $372,061,000 after purchasing an additional 4,521,769 shares in the last quarter. TIAA Trust National Association increased its position in iShares Core MSCI Emerging Markets ETF by 12.0% during the 2nd 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 in the last quarter. Valeo Financial Advisors LLC increased its position in iShares Core MSCI Emerging Markets ETF by 2,091.4% during the 1st quarter. Valeo Financial Advisors LLC now owns 2,425,340 shares of the company’s stock worth $125,148,000 after purchasing an additional 2,314,666 shares in the last quarter. Retirement Investment Advisors Inc. acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth approximately $57,724,000. Finally, Flow Traders U.S. LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth approximately $35,886,000.
iShares Core MSCI Emerging Markets ETF Stock Performance
IEMG traded down $0.06 on Friday, reaching $56.33. 4,442,219 shares of the company’s stock were exchanged, compared to its average volume of 9,784,701. The company’s 50 day moving average is $55.70 and its 200-day moving average is $54.05. The company has a market cap of $83.37 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a twelve month low of $45.60 and a twelve month high of $59.00.
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.
See Also
- Five stocks we like better than iShares Core MSCI Emerging Markets ETF
- Stock Splits, Do They Really Impact Investors?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- How to Buy Cheap Stocks Step by Step
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What Does a Stock Split Mean?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for iShares Core MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.