Kennebec Savings Bank Increases Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Kennebec Savings Bank grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.7% during the fourth quarter, HoldingsChannel reports. The fund owned 16,192 shares of the company’s stock after purchasing an additional 2,991 shares during the period. Kennebec Savings Bank’s holdings in iShares Core MSCI Emerging Markets ETF were worth $823,000 as of its most recent SEC filing.

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

iShares Core MSCI Emerging Markets ETF Trading Up 1.6 %

Shares of IEMG stock opened at $53.63 on Friday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $48.31 and a twelve month high of $59.00. The business’s 50 day moving average is $53.27 and its two-hundred day moving average is $54.38. The company has a market capitalization of $79.37 billion, a P/E ratio of 11.74 and a beta of 0.85.

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.