iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Purchased by Next Capital Management LLC

Next Capital Management LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 69,072 shares of the company’s stock after buying an additional 1,141 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for approximately 1.5% of Next Capital Management LLC’s portfolio, making the stock its 16th largest holding. Next Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,607,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth about $25,000. Dakota Community Bank & Trust NA boosted its position in iShares Core MSCI Emerging Markets ETF by 92.7% in the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after buying an additional 242 shares during the period. Kentucky Trust Co acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $28,000. NewSquare Capital LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $28,000. Finally, PSI Advisors LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 165.8% in the fourth quarter. PSI Advisors LLC now owns 877 shares of the company’s stock valued at $46,000 after acquiring an additional 547 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $55.69 on Wednesday. The business has a 50-day simple moving average of $53.70 and a 200-day simple moving average of $54.56. The company has a market cap of $85.21 billion, a PE ratio of 14.82 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a one year low of $49.47 and a one year high of $59.00.

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.