SVB Wealth LLC Grows Stake in iShares Core MSCI Emerging Markets ETF $IEMG

SVB Wealth LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 240,834 shares of the company’s stock after purchasing an additional 14,349 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for 1.2% of SVB Wealth LLC’s investment portfolio, making the stock its 19th biggest position. SVB Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $19,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Vista Capital Partners Inc. lifted its position in iShares Core MSCI Emerging Markets ETF by 42.9% during the 2nd quarter. Vista Capital Partners Inc. now owns 7,176 shares of the company’s stock worth $431,000 after acquiring an additional 2,153 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock worth $207,354,000 after acquiring an additional 819,923 shares during the period. Monograph Wealth Advisors LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the second quarter valued at approximately $210,000. Redwood Investment Management LLC grew its position in iShares Core MSCI Emerging Markets ETF by 246.4% in the second quarter. Redwood Investment Management LLC now owns 36,597 shares of the company’s stock valued at $2,197,000 after acquiring an additional 26,032 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 7.8% during the second quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock valued at $488,723,000 after purchasing an additional 587,966 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Up 0.1%

NYSEARCA IEMG opened at $83.70 on Wednesday. The company’s fifty day simple moving average is $80.06 and its 200-day simple moving average is $78.25. iShares Core MSCI Emerging Markets ETF has a 52 week low of $63.49 and a 52 week high of $86.49. The stock has a market cap of $163.16 billion, a P/E ratio of 14.65 and a beta of 0.74.

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.