Sterling Capital Management LLC Acquires 312,687 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Sterling Capital Management LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 90.6% in the fourth quarter, HoldingsChannel reports. The firm owned 657,837 shares of the company’s stock after buying an additional 312,687 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $34,352,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Dakota Community Bank & Trust NA boosted its position in shares of 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. Kentucky Trust Co bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at $28,000. NewSquare Capital LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth $28,000. OLD Point Trust & Financial Services N A bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $36,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $45,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $50.15 on Friday. The business’s 50 day moving average is $53.83 and its two-hundred day moving average is $54.38. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.29 and a 1-year high of $59.00. The stock has a market capitalization of $77.23 billion, a P/E ratio of 14.53 and a beta of 0.64.

iShares Core MSCI Emerging Markets ETF Company 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.