Wavvest Wealth LLC Makes New $1.54 Million Investment in iShares Core MSCI Emerging Markets ETF $IEMG

Wavvest Wealth LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the third quarter, HoldingsChannel.com reports. The firm purchased 18,983 shares of the company’s stock, valued at approximately $1,541,000. iShares Core MSCI Emerging Markets ETF comprises 1.2% of Wavvest Wealth LLC’s holdings, making the stock its 21st biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Kickstand Ventures LLC. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 58.9% in the 2nd quarter. Kickstand Ventures LLC. now owns 180,376 shares of the company’s stock valued at $14,942,000 after purchasing an additional 66,861 shares in the last quarter. NBH Bank acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth approximately $6,429,000. SVB Wealth LLC increased its position in iShares Core MSCI Emerging Markets ETF by 6.3% during the 2nd quarter. SVB Wealth LLC now owns 240,834 shares of the company’s stock worth $19,951,000 after purchasing an additional 14,349 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in iShares Core MSCI Emerging Markets ETF by 13.3% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 498,925 shares of the company’s stock worth $34,800,000 after purchasing an additional 58,594 shares in the last quarter. Finally, Next Capital Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 6.4% in the first quarter. Next Capital Management LLC now owns 151,521 shares of the company’s stock valued at $10,569,000 after buying an additional 9,096 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $77.68 on Thursday. iShares Core MSCI Emerging Markets ETF has a one year low of $64.67 and a one year high of $86.49. The company’s 50 day moving average price is $81.30 and its 200 day moving average price is $80.24. The firm has a market capitalization of $152.78 billion, a price-to-earnings ratio of 14.65 and a beta of 0.74.

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.