Exchange Capital Management Inc. Has $3.56 Million Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Exchange Capital Management Inc. increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 68,129 shares of the company’s stock after buying an additional 756 shares during the period. Exchange Capital Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,558,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Bank of New York Mellon Corp grew its stake in iShares Core MSCI Emerging Markets ETF by 11.6% during the fourth quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after buying an additional 683,865 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after purchasing an additional 471,879 shares in the last quarter. Strategic Investment Management LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 139.6% in the fourth quarter. Strategic Investment Management LLC now owns 635,003 shares of the company’s stock worth $33,160,000 after acquiring an additional 369,950 shares during the last quarter. Finally, Citizens & Northern Corp acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $18,363,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA IEMG opened at $54.73 on Tuesday. The firm has a 50 day moving average price of $53.12 and a two-hundred day moving average price of $54.52. iShares Core MSCI Emerging Markets ETF has a 52-week low of $49.47 and a 52-week high of $59.00. The stock has a market cap of $81.00 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.