SVB Wealth LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 6.3% in the second quarter, HoldingsChannel reports. The firm owned 240,834 shares of the company’s stock after purchasing an additional 14,349 shares during the period. iShares Core MSCI Emerging Markets ETF comprises about 1.2% of SVB Wealth LLC’s portfolio, making the stock its 19th largest holding. SVB Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $19,951,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of IEMG. C M Bidwell & Associates Ltd. increased its holdings in iShares Core MSCI Emerging Markets ETF by 3.0% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 4,655 shares of the company’s stock worth $313,000 after purchasing an additional 135 shares during the last quarter. Collier Financial grew its position in shares of iShares Core MSCI Emerging Markets ETF by 2.9% during the fourth quarter. Collier Financial now owns 5,254 shares of the company’s stock worth $353,000 after buying an additional 148 shares in the last quarter. Montecito Bank & Trust grew its position in shares of iShares Core MSCI Emerging Markets ETF by 0.9% during the first quarter. Montecito Bank & Trust now owns 17,086 shares of the company’s stock worth $1,192,000 after buying an additional 155 shares in the last quarter. Main Management LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.0% in the fourth quarter. Main Management LLC now owns 15,705 shares of the company’s stock worth $1,056,000 after buying an additional 158 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.4% in the fourth quarter. Beese Fulmer Investment Management Inc. now owns 5,337 shares of the company’s stock worth $359,000 after buying an additional 173 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Price Performance
IEMG opened at $83.70 on Wednesday. The stock has a market capitalization of $163.16 billion, a PE ratio of 14.65 and a beta of 0.74. The firm’s fifty day moving average price is $80.06 and its 200 day moving average price is $78.25. iShares Core MSCI Emerging Markets ETF has a 12-month low of $63.49 and a 12-month high of $86.49.
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.
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