Valeo Financial Advisors LLC Purchases 103,653 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Valeo Financial Advisors LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,171,483 shares of the company’s stock after acquiring an additional 103,653 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises 5.7% of Valeo Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. Valeo Financial Advisors LLC owned about 0.16% of iShares Core MSCI Emerging Markets ETF worth $248,929,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Collier Financial boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Collier Financial now owns 5,254 shares of the company’s stock worth $353,000 after acquiring an additional 148 shares in the last quarter. Montecito Bank & Trust raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.9% in the 1st quarter. Montecito Bank & Trust now owns 17,086 shares of the company’s stock valued at $1,192,000 after acquiring an additional 155 shares in the last quarter. American National Bank & Trust lifted its holdings in iShares Core MSCI Emerging Markets ETF by 2.8% in the 3rd quarter. American National Bank & Trust now owns 6,646 shares of the company’s stock worth $539,000 after purchasing an additional 179 shares during the last quarter. Canopy Partners LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 0.3% in the 4th quarter. Canopy Partners LLC now owns 71,727 shares of the company’s stock worth $4,821,000 after purchasing an additional 180 shares during the last quarter. Finally, City Holding Co. boosted its position in iShares Core MSCI Emerging Markets ETF by 2.4% during the second quarter. City Holding Co. now owns 7,830 shares of the company’s stock worth $649,000 after purchasing an additional 180 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 2.1%

IEMG stock traded down $1.69 during midday trading on Thursday, hitting $80.36. 5,449,717 shares of the company traded hands, compared to its average volume of 14,420,397. iShares Core MSCI Emerging Markets ETF has a twelve month low of $64.07 and a twelve month high of $86.49. The stock has a market capitalization of $158.04 billion, a price-to-earnings ratio of 14.65 and a beta of 0.74. The business has a 50 day simple moving average of $81.38 and a 200-day simple moving average of $79.56.

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.