iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Stake Boosted by 49 Wealth Management LLC

49 Wealth Management LLC increased its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 169.8% in the third quarter, Holdings Channel reports. The fund owned 384,468 shares of the company’s stock after purchasing an additional 241,950 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 3.6% of 49 Wealth Management LLC’s portfolio, making the stock its 10th largest position. 49 Wealth Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $22,072,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. TIAA Trust National Association increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 12.0% in the 2nd quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock valued at $2,193,250,000 after acquiring an additional 4,390,144 shares during the period. Retirement Investment Advisors Inc. bought a new position in iShares Core MSCI Emerging Markets ETF in the second quarter worth about $57,724,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the first quarter valued at about $35,886,000. Stairway Partners LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Stairway Partners LLC now owns 3,146,653 shares of the company’s stock valued at $180,649,000 after buying an additional 510,720 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF by 25.3% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock worth $117,531,000 after buying an additional 442,859 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 0.2 %

NYSEARCA:IEMG opened at $54.15 on Friday. The stock has a market capitalization of $80.14 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.33 and a 52 week high of $59.00. The firm has a 50 day moving average of $56.19 and a 200 day moving average of $54.56.

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.