FSA Advisors Inc. Boosts Stake in iShares Core MSCI Emerging Markets ETF $IEMG

FSA Advisors Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.5% in the second quarter, HoldingsChannel.com reports. The firm owned 7,827 shares of the company’s stock after buying an additional 480 shares during the period. FSA Advisors Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $470,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 12.4% during the 1st quarter. JPMorgan Chase & Co. now owns 36,713,137 shares of the company’s stock worth $1,981,408,000 after purchasing an additional 4,054,609 shares during the period. OLD Mission Capital LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth about $415,988,000. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 15.9% during the 1st quarter. Bank of New York Mellon Corp now owns 7,628,974 shares of the company’s stock worth $411,736,000 after acquiring an additional 1,044,682 shares in the last quarter. Partners Capital Investment Group LLP lifted its stake in iShares Core MSCI Emerging Markets ETF by 97.7% during the 1st quarter. Partners Capital Investment Group LLP now owns 4,339,839 shares of the company’s stock worth $234,221,000 after acquiring an additional 2,144,711 shares in the last quarter. Finally, Nationwide Fund Advisors lifted its stake in iShares Core MSCI Emerging Markets ETF by 37.6% during the 2nd quarter. Nationwide Fund Advisors now owns 3,499,869 shares of the company’s stock worth $210,097,000 after acquiring an additional 957,222 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.0%

IEMG opened at $68.77 on Wednesday. The stock’s 50-day moving average price is $65.15 and its 200 day moving average price is $60.64. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $68.86. The firm has a market cap of $115.04 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65.

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.