First Horizon Advisors Inc. Raises Stake in iShares Core MSCI Emerging Markets ETF $IEMG

First Horizon Advisors Inc. boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 84.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 143,259 shares of the company’s stock after acquiring an additional 65,718 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,600,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fairway Wealth LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 14.1% in the second quarter. Fairway Wealth LLC now owns 116,838 shares of the company’s stock valued at $7,014,000 after purchasing an additional 14,442 shares during the period. Princeton Global Asset Management LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 2.2% in the second quarter. Princeton Global Asset Management LLC now owns 56,858 shares of the company’s stock valued at $3,413,000 after purchasing an additional 1,226 shares during the period. Fifth Third Securities Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 2.6% in the second quarter. Fifth Third Securities Inc. now owns 57,252 shares of the company’s stock valued at $3,437,000 after purchasing an additional 1,473 shares during the period. First Merchants Corp grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.8% during the 2nd quarter. First Merchants Corp now owns 83,666 shares of the company’s stock valued at $5,022,000 after buying an additional 1,453 shares during the period. Finally, Bridges Investment Management Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.4% during the 1st quarter. Bridges Investment Management Inc. now owns 412,869 shares of the company’s stock valued at $22,283,000 after buying an additional 1,774 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Up 0.9%

Shares of NYSEARCA IEMG opened at $68.07 on Thursday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $69.46. The firm has a fifty day moving average of $65.88 and a 200-day moving average of $61.33. The stock has a market capitalization of $114.40 billion, a PE 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.