Captrust Financial Advisors Raises Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Captrust Financial Advisors increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,017,769 shares of the company’s stock after purchasing an additional 471,879 shares during the period. iShares Core MSCI Emerging Markets ETF makes up approximately 1.0% of Captrust Financial Advisors’ portfolio, making the stock its 16th largest position. Captrust Financial Advisors owned about 0.41% of iShares Core MSCI Emerging Markets ETF worth $345,482,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $25,000. Strategic Investment Solutions Inc. IL increased its holdings in iShares Core MSCI Emerging Markets ETF by 587.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock valued at $28,000 after buying an additional 417 shares in the last quarter. Kiely Wealth Advisory Group Inc. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 540.6% during the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock valued at $32,000 after acquiring an additional 519 shares during the period. Zions Bancorporation N.A. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth approximately $33,000. Finally, Olistico Wealth LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth approximately $40,000.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $54.11 on Friday. The business has a 50 day moving average price of $56.18 and a 200 day moving average price of $54.59. The company has a market capitalization of $80.08 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.33 and a 1-year 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.