iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Purchased by Highline Wealth Partners LLC

Highline Wealth Partners LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 100,417 shares of the company’s stock after buying an additional 5,608 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for about 1.7% of Highline Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Highline Wealth Partners LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,244,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IEMG. Mill Creek Capital Advisors LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 25.3% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock valued at $117,531,000 after purchasing an additional 442,859 shares in the last quarter. RiverFront Investment Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 11.6% during the second quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock worth $21,791,000 after acquiring an additional 42,287 shares during the last quarter. Zions Bancorporation N.A. acquired a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $33,000. Massmutual Trust Co. FSB ADV boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 518,184 shares of the company’s stock worth $29,749,000 after purchasing an additional 18,531 shares during the last quarter. Finally, First Hawaiian Bank boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 2.0% during the third quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock worth $66,058,000 after purchasing an additional 23,039 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

iShares Core MSCI Emerging Markets ETF stock traded down $0.82 during trading on Friday, hitting $51.30. The company’s stock had a trading volume of 6,078,497 shares, compared to its average volume of 7,412,196. The stock’s fifty day moving average is $54.06 and its 200 day moving average is $54.57. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.33 and a 1-year high of $59.00. The stock has a market capitalization of $75.92 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

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.