JPMorgan Chase & Co. Boosts Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

JPMorgan Chase & Co. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 10.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 48,001,963 shares of the company’s stock after acquiring an additional 4,457,585 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,226,692,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IEMG. Modus Advisors LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $28,000. North Star Investment Management Corp. purchased a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. Nemes Rush Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 1,938.7% during the fourth quarter. Nemes Rush Group LLC now owns 632 shares of the company’s stock valued at $42,000 after buying an additional 601 shares during the period. Murphy & Mullick Capital Management Corp boosted its position in iShares Core MSCI Emerging Markets ETF by 199.5% during the fourth quarter. Murphy & Mullick Capital Management Corp now owns 635 shares of the company’s stock valued at $43,000 after buying an additional 423 shares during the period. Finally, Holos Integrated Wealth LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $52,000.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $78.63 on Monday. The company has a 50-day simple moving average of $77.83 and a two-hundred day simple moving average of $73.03. iShares Core MSCI Emerging Markets ETF has a 12-month low of $57.38 and a 12-month high of $86.04. The firm has a market cap of $152.62 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72.

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.