Synergy Investment Management LLC Grows Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Synergy Investment Management LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 149,851 shares of the company’s stock after purchasing an additional 28,912 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 3.6% of Synergy Investment Management LLC’s investment portfolio, making the stock its 7th largest position. Synergy Investment Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $10,073,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cahill Financial Advisors Inc. raised its position in shares of iShares Core MSCI Emerging Markets ETF by 0.9% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 18,585 shares of the company’s stock valued at $1,225,000 after buying an additional 164 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in iShares Core MSCI Emerging Markets ETF by 1.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 17,957 shares of the company’s stock worth $1,207,000 after acquiring an additional 170 shares during the last quarter. Beese Fulmer Investment Management Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 3.4% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 5,337 shares of the company’s stock valued at $359,000 after purchasing an additional 173 shares during the period. TOWER TRUST & INVESTMENT Co lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.6% in the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 5,706 shares of the company’s stock valued at $384,000 after purchasing an additional 199 shares during the last quarter. Finally, Spinnaker Trust boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 0.8% in the 3rd quarter. Spinnaker Trust now owns 26,351 shares of the company’s stock worth $1,737,000 after purchasing an additional 200 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $79.41 on Tuesday. The business’s 50 day moving average price is $74.58 and its 200-day moving average price is $71.62. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $56.38 and a fifty-two week high of $83.29. The company has a market cap of $154.13 billion, a P/E ratio of 14.65 and a beta of 0.71.

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.