Parallel Advisors LLC Has $29.51 Million Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Parallel Advisors LLC grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 25.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 423,028 shares of the company’s stock after purchasing an additional 84,544 shares during the period. Parallel Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $29,506,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Flagship Wealth Advisors LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 1st quarter worth $220,000. Integrated Investment Consultants LLC grew its position in iShares Core MSCI Emerging Markets ETF by 723.8% in the first quarter. Integrated Investment Consultants LLC now owns 60,251 shares of the company’s stock valued at $4,203,000 after acquiring an additional 52,937 shares during the last quarter. Essential Partners LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 28.2% during the first quarter. Essential Partners LLC now owns 30,120 shares of the company’s stock worth $2,101,000 after acquiring an additional 6,623 shares in the last quarter. JDM Financial Group LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 18.6% during the first quarter. JDM Financial Group LLC now owns 13,990 shares of the company’s stock worth $976,000 after acquiring an additional 2,195 shares in the last quarter. Finally, McIlrath & Eck LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 341.2% in the first quarter. McIlrath & Eck LLC now owns 1,306 shares of the company’s stock worth $91,000 after acquiring an additional 1,010 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 2.7%

IEMG stock opened at $80.24 on Wednesday. The firm has a 50-day moving average price of $80.80 and a 200-day moving average price of $76.81. iShares Core MSCI Emerging Markets ETF has a 12 month low of $60.58 and a 12 month high of $86.49. The stock has a market capitalization of $156.42 billion, a P/E ratio of 14.65 and a beta of 0.73.

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.