Private Wealth Asset Management LLC Increases Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Private Wealth Asset Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 921,940 shares of the company’s stock after acquiring an additional 7,609 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for approximately 6.7% of Private Wealth Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Private Wealth Asset Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $61,973,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IEMG. Vista Capital Partners Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 42.9% in the 2nd quarter. Vista Capital Partners Inc. now owns 7,176 shares of the company’s stock valued at $431,000 after acquiring an additional 2,153 shares during the period. Ameriprise Financial Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after acquiring an additional 819,923 shares during the period. Monograph Wealth Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at about $210,000. Redwood Investment Management LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 246.4% in the 2nd quarter. Redwood Investment Management LLC now owns 36,597 shares of the company’s stock valued at $2,197,000 after acquiring an additional 26,032 shares during the period. Finally, Captrust Financial Advisors raised its stake in iShares Core MSCI Emerging Markets ETF by 7.8% in the 2nd quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock valued at $488,723,000 after acquiring an additional 587,966 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $84.84 on Thursday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $57.38 and a 52-week high of $86.04. The stock’s 50-day simple moving average is $77.38 and its 200 day simple moving average is $72.83. The stock has a market capitalization of $164.67 billion, a P/E ratio of 14.65 and a beta of 0.71.

iShares Core MSCI Emerging Markets ETF 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.