Pandora Wealth Inc. Boosts Stake in iShares Core MSCI Emerging Markets ETF $IEMG

Pandora Wealth Inc. grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,501 shares of the company’s stock after buying an additional 1,052 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for 0.8% of Pandora Wealth Inc.’s holdings, making the stock its 26th biggest position. Pandora Wealth Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEMG. GAMMA Investing LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 17.5% in the first quarter. GAMMA Investing LLC now owns 249,050 shares of the company’s stock worth $13,441,000 after buying an additional 37,127 shares during the last quarter. Missouri Trust & Investment Co raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 4.7% in the first quarter. Missouri Trust & Investment Co now owns 136,868 shares of the company’s stock worth $7,387,000 after buying an additional 6,144 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 41.0% in the first quarter. Janney Montgomery Scott LLC now owns 1,810,446 shares of the company’s stock worth $97,710,000 after buying an additional 526,027 shares during the last quarter. GSB Wealth Management LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the first quarter worth $75,000. Finally, MN Wealth Advisors LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.0% in the first quarter. MN Wealth Advisors LLC now owns 7,344 shares of the company’s stock worth $396,000 after buying an additional 604 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 3.6%

NYSEARCA IEMG opened at $64.22 on Monday. The company has a fifty day simple moving average of $63.80 and a two-hundred day simple moving average of $59.30. The stock has a market cap of $107.43 billion, a P/E ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $67.46.

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.