Strive Financial Group LLC Buys 9,856 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Strive Financial Group LLC increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 37.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,170 shares of the company’s stock after purchasing an additional 9,856 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up 1.3% of Strive Financial Group LLC’s portfolio, making the stock its 18th biggest position. Strive Financial Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,996,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its holdings in iShares Core MSCI Emerging Markets ETF by 29.5% in the first quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after purchasing an additional 4,743,399 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI Emerging Markets ETF by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after buying an additional 4,457,585 shares during the period. Jabodon PT Co. bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $71,387,000. Captrust Financial Advisors boosted its holdings in iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after buying an additional 1,021,822 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares Core MSCI Emerging Markets ETF by 31.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock worth $207,354,000 after buying an additional 819,923 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $83.65 on Friday. The company has a 50 day moving average price of $80.00 and a two-hundred day moving average price of $78.11. The company has a market capitalization of $163.07 billion, a PE ratio of 14.65 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a 52 week low of $62.46 and a 52 week high of $86.49.

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.