Okabena Investment Services Inc. Increases Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Okabena Investment Services Inc. raised its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 29.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,866 shares of the company’s stock after buying an additional 11,439 shares during the quarter. Okabena Investment Services Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. STAR Financial Bank purchased a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at $452,000. Icon Wealth Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 22.8% during the fourth quarter. Icon Wealth Advisors LLC now owns 740,585 shares of the company’s stock valued at $49,782,000 after buying an additional 137,632 shares during the period. Cornerstone Financial Management LLC purchased a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at $25,000. Arkos Global Advisors lifted its position in iShares Core MSCI Emerging Markets ETF by 2.6% during the fourth quarter. Arkos Global Advisors now owns 294,989 shares of the company’s stock valued at $19,829,000 after buying an additional 7,542 shares during the period. Finally, 10Elms LLP lifted its position in iShares Core MSCI Emerging Markets ETF by 0.5% during the fourth quarter. 10Elms LLP now owns 74,793 shares of the company’s stock valued at $5,028,000 after buying an additional 366 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Up 2.2%

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $84.41 on Tuesday. The firm has a market capitalization of $163.84 billion, a P/E ratio of 14.65 and a beta of 0.72. The business has a fifty day simple moving average of $79.33 and a two-hundred day simple moving average of $73.66. iShares Core MSCI Emerging Markets ETF has a 12 month low of $57.38 and a 12 month high of $86.04.

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.