iShares Core MSCI Emerging Markets ETF $IEMG is Synergy Investment Management LLC’s 9th Largest Position

Synergy Investment Management LLC grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 90.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,939 shares of the company’s stock after purchasing an additional 57,481 shares during the period. iShares Core MSCI Emerging Markets ETF comprises approximately 3.0% of Synergy Investment Management LLC’s investment portfolio, making the stock its 9th largest holding. Synergy Investment Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $7,972,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Cahill Financial Advisors Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 0.9% during the third 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 during the period. SBI Securities Co. Ltd. grew its position in shares of iShares Core MSCI Emerging Markets ETF by 8.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,266 shares of the company’s stock valued at $136,000 after acquiring an additional 168 shares during the period. Team Financial Group LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock worth $71,000 after purchasing an additional 175 shares during the period. Foster & Motley Inc. boosted its position in iShares Core MSCI Emerging Markets ETF by 3.5% during the third quarter. Foster & Motley Inc. now owns 5,355 shares of the company’s stock worth $353,000 after purchasing an additional 183 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 0.8% in the second quarter. Cullen Frost Bankers Inc. now owns 24,215 shares of the company’s stock valued at $1,454,000 after purchasing an additional 189 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG stock opened at $75.09 on Thursday. The company has a market cap of $143.50 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The stock has a 50 day simple moving average of $70.52 and a 200-day simple moving average of $67.22. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.29 and a 1-year high of $75.89.

iShares Core MSCI Emerging Markets ETF Company 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.