Sumitomo Life Insurance Co. Boosts Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Sumitomo Life Insurance Co. grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 35.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 283,900 shares of the company’s stock after purchasing an additional 73,900 shares during the period. iShares Core MSCI Emerging Markets ETF comprises approximately 0.3% of Sumitomo Life Insurance Co.’s holdings, making the stock its 27th largest holding. Sumitomo Life Insurance Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $14,825,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jaffetilchin Investment Partners LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 0.6% in the third quarter. Jaffetilchin Investment Partners LLC now owns 30,388 shares of the company’s stock worth $1,745,000 after purchasing an additional 188 shares during the last quarter. Dakota Community Bank & Trust NA grew its stake in iShares Core MSCI Emerging Markets ETF by 92.7% in the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after acquiring an additional 242 shares in the last quarter. Transcendent Capital Group LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 57.7% during the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after acquiring an additional 261 shares during the period. Northwest Bank & Trust Co raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 7.0% during the third quarter. Northwest Bank & Trust Co now owns 4,101 shares of the company’s stock valued at $235,000 after acquiring an additional 267 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.3% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 105,353 shares of the company’s stock valued at $5,502,000 after acquiring an additional 319 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 0.7 %

Shares of NYSEARCA:IEMG opened at $52.78 on Wednesday. The business’s 50 day moving average is $53.33 and its 200 day moving average is $54.41. The stock has a market cap of $78.11 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 52-week low of $48.31 and a 52-week high of $59.00.

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.