RiverFront Investment Group LLC Has $26.18 Million Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

RiverFront Investment Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 501,283 shares of the company’s stock after acquiring an additional 39,736 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $26,177,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors raised 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 worth $345,482,000 after acquiring an additional 471,879 shares during the last quarter. FSA Wealth Management LLC purchased a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $81,000. IHT Wealth Management LLC grew its position in iShares Core MSCI Emerging Markets ETF by 27.5% in the 3rd quarter. IHT Wealth Management LLC now owns 80,826 shares of the company’s stock worth $4,652,000 after purchasing an additional 17,425 shares in the last quarter. Retirement Investment Advisors Inc. increased its stake in iShares Core MSCI Emerging Markets ETF by 6.4% in the 3rd quarter. Retirement Investment Advisors Inc. now owns 1,147,306 shares of the company’s stock valued at $65,867,000 after buying an additional 68,956 shares during the last quarter. Finally, iA Global Asset Management Inc. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 5.4% during the 3rd quarter. iA Global Asset Management Inc. now owns 350,307 shares of the company’s stock worth $20,111,000 after buying an additional 17,922 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8 %

Shares of NYSEARCA IEMG opened at $54.09 on Friday. The company has a market capitalization of $82.76 billion, a PE ratio of 14.82 and a beta of 0.74. The stock’s 50 day moving average price is $54.23 and its 200-day moving average price is $54.63. iShares Core MSCI Emerging Markets ETF has a twelve month low of $49.47 and a twelve month 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.