Strive Financial Group LLC Purchases 9,856 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Strive Financial Group LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 37.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 36,170 shares of the company’s stock after purchasing an additional 9,856 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for 1.3% of Strive Financial Group LLC’s investment portfolio, making the stock its 18th largest holding. Strive Financial Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,996,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after purchasing an additional 4,457,585 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Core MSCI Emerging Markets ETF by 29.5% during the first quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock worth $1,452,814,000 after purchasing an additional 4,743,399 shares during the period. Captrust Financial Advisors increased its position in iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after buying an additional 1,021,822 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in iShares Core MSCI Emerging Markets ETF by 9.5% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock worth $351,426,000 after buying an additional 454,887 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 22.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,901,270 shares of the company’s stock valued at $262,243,000 after buying an additional 704,984 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Up 1.7%

IEMG opened at $83.65 on Friday. The stock’s fifty day simple moving average is $80.00 and its 200 day simple moving average is $78.11. iShares Core MSCI Emerging Markets ETF has a 1-year low of $62.46 and a 1-year high of $86.49. The stock has a market cap of $163.07 billion, a PE ratio of 14.65 and a beta of 0.74.

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.