Wellspring Financial Advisors LLC Grows Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Wellspring Financial Advisors LLC increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 762,282 shares of the company’s stock after acquiring an additional 40,870 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 0.7% of Wellspring Financial Advisors LLC’s holdings, making the stock its 17th largest holding. Wellspring Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $51,241,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEMG. Vista Capital Partners Inc. boosted its stake in iShares Core MSCI Emerging Markets ETF by 42.9% in the 2nd quarter. Vista Capital Partners Inc. now owns 7,176 shares of the company’s stock worth $431,000 after purchasing an additional 2,153 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock worth $207,354,000 after purchasing an additional 819,923 shares during the period. Monograph Wealth Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth approximately $210,000. Redwood Investment Management LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 246.4% in the 2nd quarter. Redwood Investment Management LLC now owns 36,597 shares of the company’s stock worth $2,197,000 after purchasing an additional 26,032 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 7.8% in the 2nd quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock worth $488,723,000 after purchasing an additional 587,966 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8%

Shares of NYSEARCA:IEMG opened at $78.62 on Thursday. The firm’s 50 day moving average price is $78.54 and its 200-day moving average price is $73.31. iShares Core MSCI Emerging Markets ETF has a twelve month low of $57.38 and a twelve month high of $86.04. The stock has a market capitalization of $152.60 billion, a PE 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.