Crescent Grove Advisors LLC Purchases 26,184 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Crescent Grove Advisors LLC increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 408,430 shares of the company’s stock after purchasing an additional 26,184 shares during the period. iShares Core MSCI Emerging Markets ETF comprises 2.8% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 5th largest position. Crescent Grove Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $33,148,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wavvest Wealth LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth about $1,541,000. Fifth Third Securities Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 10.5% in the 3rd quarter. Fifth Third Securities Inc. now owns 83,074 shares of the company’s stock worth $6,742,000 after buying an additional 7,903 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 45.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,286,329 shares of the company’s stock worth $104,398,000 after buying an additional 403,553 shares during the last quarter. Investment Research & Advisory Group Inc. increased its position in iShares Core MSCI Emerging Markets ETF by 5.2% during the 3rd quarter. Investment Research & Advisory Group Inc. now owns 16,545 shares of the company’s stock valued at $1,343,000 after buying an additional 813 shares in the last quarter. Finally, Align Financial LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 155.4% during the third quarter. Align Financial LLC now owns 899 shares of the company’s stock valued at $73,000 after buying an additional 547 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.4%

iShares Core MSCI Emerging Markets ETF stock opened at $77.68 on Thursday. The business’s fifty day simple moving average is $81.30 and its two-hundred day simple moving average is $80.24. iShares Core MSCI Emerging Markets ETF has a 12 month low of $64.67 and a 12 month high of $86.49. The company has a market capitalization of $152.78 billion, a price-to-earnings ratio of 14.65 and a beta of 0.74.

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.