RiverFront Investment Group LLC Purchases 371,169 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

RiverFront Investment Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 57.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,017,606 shares of the company’s stock after acquiring an additional 371,169 shares during the quarter. RiverFront Investment Group LLC owned 0.05% of iShares Core MSCI Emerging Markets ETF worth $68,403,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in iShares Core MSCI Emerging Markets ETF in the third quarter valued at $32,000. Your Advocates Ltd. LLP bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $36,000. North Star Investment Management Corp. bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. First Horizon Corp bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $41,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $52,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $79.49 on Monday. The stock’s 50-day moving average price is $74.41 and its 200-day moving average price is $71.54. iShares Core MSCI Emerging Markets ETF has a 12-month low of $56.38 and a 12-month high of $83.29. The stock has a market capitalization of $154.29 billion, a P/E ratio of 14.65 and a beta of 0.71.

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.