Sanibel Captiva Trust Company Inc. Boosts Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Sanibel Captiva Trust Company Inc. grew its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 50.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 55,765 shares of the company’s stock after acquiring an additional 18,722 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,912,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Emerging Markets ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after purchasing an additional 5,631,725 shares in the last quarter. Captrust Financial Advisors grew its position in shares of iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after acquiring an additional 471,879 shares in the last quarter. Stairway Partners LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.2% in the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after acquiring an additional 288,131 shares during the last quarter. Mill Creek Capital Advisors LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 1.6% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock valued at $128,113,000 after acquiring an additional 35,924 shares in the last quarter. Finally, First Hawaiian Bank lifted its stake in 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 Price Performance

IEMG stock opened at $52.38 on Friday. The firm has a market cap of $77.52 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.73 and a 1-year high of $59.00. The firm has a fifty day moving average price of $53.51 and a two-hundred day moving average price of $54.49.

About iShares Core MSCI Emerging Markets ETF

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.