Myriad Asset Management Advisors LLC Purchases New Stake in iShares Core MSCI Emerging Markets ETF $IEMG

Myriad Asset Management Advisors LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the 4th quarter, HoldingsChannel reports. The fund purchased 512,235 shares of the company’s stock, valued at approximately $34,432,000. iShares Core MSCI Emerging Markets ETF accounts for 10.6% of Myriad Asset Management Advisors LLC’s portfolio, making the stock its 3rd biggest position.

Several other large investors have also bought and sold shares of the stock. Fortune Financial Group Inc. bought a new position in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $403,000. Janney Montgomery Scott LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 22.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,901,270 shares of the company’s stock valued at $262,243,000 after acquiring an additional 704,984 shares in the last quarter. Strategic Advocates LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 3.4% during the 4th quarter. Strategic Advocates LLC now owns 318,231 shares of the company’s stock valued at $21,446,000 after acquiring an additional 10,330 shares in the last quarter. North Dallas Bank & Trust Co. bought a new position in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $276,000. Finally, Jabodon PT Co. bought a new position in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $71,387,000.

iShares Core MSCI Emerging Markets ETF Trading Down 1.8%

Shares of NYSEARCA:IEMG opened at $78.62 on Thursday. The stock’s fifty day simple moving average is $78.54 and its two-hundred day simple moving average is $73.31. iShares Core MSCI Emerging Markets ETF has a 1-year low of $57.38 and a 1-year high of $86.04. The stock has a market cap of $152.60 billion, a PE ratio of 14.65 and a beta of 0.72.

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.