Bay Harbor Wealth Management LLC raised its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 105.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 142,017 shares of the company’s stock after purchasing an additional 72,832 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 2.5% of Bay Harbor Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Bay Harbor Wealth Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,525,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in IEMG. Independence Bank of Kentucky boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 24.0% in the 1st quarter. Independence Bank of Kentucky now owns 7,416 shares of the company’s stock valued at $400,000 after purchasing an additional 1,436 shares during the last quarter. Princeton Global Asset Management LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 4.7% in the 1st quarter. Princeton Global Asset Management LLC now owns 55,632 shares of the company’s stock valued at $3,002,000 after purchasing an additional 2,512 shares during the last quarter. Regent Peak Wealth Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 1st quarter valued at $279,000. SOA Wealth Advisors LLC. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 347.6% in the 1st quarter. SOA Wealth Advisors LLC. now owns 145,122 shares of the company’s stock valued at $7,832,000 after purchasing an additional 112,702 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 37.4% in the 1st quarter. Farther Finance Advisors LLC now owns 318,356 shares of the company’s stock valued at $17,258,000 after purchasing an additional 86,596 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Trading Up 0.3%
NYSEARCA:IEMG opened at $66.93 on Friday. The firm has a market capitalization of $111.96 billion, a price-to-earnings ratio of 14.65 and a beta of 0.75. The firm’s fifty day simple moving average is $63.22 and its 200 day simple moving average is $58.88. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $67.13.
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.
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