Canandaigua National Trust Co of Florida Makes New Investment in iShares Core MSCI Emerging Markets ETF $IEMG

Canandaigua National Trust Co of Florida acquired a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,976 shares of the company’s stock, valued at approximately $891,000.

Several other institutional investors have also recently added to or reduced their stakes in IEMG. Cornerstone Financial Management LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Archer Investment Corp raised its holdings in iShares Core MSCI Emerging Markets ETF by 148.1% in the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after acquiring an additional 274 shares during the last quarter. Provenance Wealth Advisors LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 278.9% during the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after purchasing an additional 371 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $35,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $40,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG traded down $1.01 during trading hours on Wednesday, hitting $82.04. 7,881,229 shares of the company’s stock were exchanged, compared to its average volume of 14,468,523. iShares Core MSCI Emerging Markets ETF has a 12-month low of $64.07 and a 12-month high of $86.49. The business’s 50 day moving average is $81.38 and its 200-day moving average is $79.56. The firm has a market capitalization of $161.36 billion, a P/E ratio of 14.65 and a beta of 0.74.

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.