Brown Brothers Harriman & Co. Raises Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Brown Brothers Harriman & Co. boosted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 17.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,224 shares of the company’s stock after purchasing an additional 9,479 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,354,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IEMG. FSA Wealth Management LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter valued at $81,000. IHT Wealth Management LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 27.5% during the 3rd quarter. IHT Wealth Management LLC now owns 80,826 shares of the company’s stock valued at $4,652,000 after purchasing an additional 17,425 shares during the period. Retirement Investment Advisors Inc. increased its position in shares of iShares Core MSCI Emerging Markets ETF by 6.4% during the 3rd quarter. Retirement Investment Advisors Inc. now owns 1,147,306 shares of the company’s stock valued at $65,867,000 after purchasing an additional 68,956 shares during the last quarter. iA Global Asset Management Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.4% in the 3rd quarter. iA Global Asset Management Inc. now owns 350,307 shares of the company’s stock worth $20,111,000 after purchasing an additional 17,922 shares during the period. Finally, Continuum Advisory LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.4% in the third quarter. Continuum Advisory LLC now owns 31,836 shares of the company’s stock worth $1,712,000 after buying an additional 2,454 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 1.8 %

Shares of NYSEARCA IEMG opened at $54.09 on Friday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The firm has a market capitalization of $82.76 billion, a price-to-earnings ratio of 14.82 and a beta of 0.74. The firm has a 50 day moving average of $54.23 and a 200 day moving average of $54.65.

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.