Fortitude Family Office LLC Purchases 32,309 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Fortitude Family Office LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 35.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 124,272 shares of the company’s stock after buying an additional 32,309 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 2.2% of Fortitude Family Office LLC’s portfolio, making the stock its 11th biggest position. Fortitude Family Office LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,192,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. S.A. Mason LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth about $44,000. Kentucky Trust Co boosted its stake in iShares Core MSCI Emerging Markets ETF by 68.8% during the second quarter. Kentucky Trust Co now owns 908 shares of the company’s stock worth $55,000 after acquiring an additional 370 shares in the last quarter. Painted Porch Advisors LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF in the second quarter worth about $61,000. MeadowBrook Investment Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the second quarter valued at approximately $62,000. Finally, Team Financial Group LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 19.4% during the third quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock valued at $71,000 after purchasing an additional 175 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 0.3%

Shares of IEMG opened at $67.22 on Tuesday. The business’s 50 day moving average price is $67.22 and its 200-day moving average price is $64.18. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.29 and a 52 week high of $69.46. The stock has a market cap of $112.97 billion, a P/E ratio of 14.65 and a beta of 0.65.

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.