iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Acquired by United Advisor Group LLC

United Advisor Group LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 216.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,710 shares of the company’s stock after purchasing an additional 9,373 shares during the period. United Advisor Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $787,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEMG. Quent Capital LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 10.2% during the 1st quarter. Quent Capital LLC now owns 553,435 shares of the company’s stock worth $28,557,000 after purchasing an additional 51,017 shares during the last quarter. SG Americas Securities LLC bought a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter valued at $249,000. Highland Capital Management LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 0.8% during the 1st quarter. Highland Capital Management LLC now owns 122,002 shares of the company’s stock valued at $6,295,000 after acquiring an additional 961 shares during the last quarter. Pointe Capital Management LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 4.1% in the 1st quarter. Pointe Capital Management LLC now owns 85,982 shares of the company’s stock worth $4,437,000 after purchasing an additional 3,421 shares during the last quarter. Finally, Heritage Wealth Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.5% in the 1st quarter. Heritage Wealth Advisors now owns 807,151 shares of the company’s stock valued at $41,649,000 after purchasing an additional 19,774 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG stock opened at $56.67 on Wednesday. The stock has a market capitalization of $83.87 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a one year low of $47.33 and a one year high of $59.00. The company’s 50-day simple moving average is $55.90 and its 200-day simple moving average is $54.34.

iShares Core MSCI Emerging Markets ETF 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.