iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Acquired by Davidson Trust Co.

Davidson Trust Co. increased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 48.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,038 shares of the company’s stock after acquiring an additional 3,620 shares during the period. Davidson Trust Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $558,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IEMG. Coppell Advisory Solutions LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the second quarter valued at approximately $30,000. Covestor Ltd lifted its position in iShares Core MSCI Emerging Markets ETF by 813.0% during the third quarter. Covestor Ltd now owns 703 shares of the company’s stock valued at $33,000 after buying an additional 626 shares in the last quarter. Live Oak Investment Partners purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at approximately $33,000. Steph & Co. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at approximately $35,000. Finally, Central Bank & Trust Co. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at approximately $39,000.

iShares Core MSCI Emerging Markets ETF Stock Down 0.4 %

Shares of IEMG traded down $0.22 during mid-day trading on Friday, reaching $50.05. 4,952,375 shares of the stock traded hands, compared to its average volume of 10,548,955. The firm has a market cap of $74.07 billion, a price-to-earnings ratio of 11.59 and a beta of 0.85. The stock has a fifty day simple moving average of $51.08 and a 200 day simple moving average of $49.50. iShares Core MSCI Emerging Markets ETF has a 12-month low of $45.57 and a 12-month high of $52.65.

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.