Canandaigua National Bank & Trust Co. Buys New Shares in iShares Core MSCI Emerging Markets ETF $IEMG

Canandaigua National Bank & Trust Co. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,917 shares of the company’s stock, valued at approximately $1,319,000.

A number of other hedge funds have also recently added to or reduced their stakes in IEMG. Bank of New York Mellon Corp increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 29.5% in the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after purchasing an additional 4,743,399 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Core MSCI Emerging Markets ETF by 10.2% during the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock worth $3,226,692,000 after acquiring an additional 4,457,585 shares during the period. Jabodon PT Co. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $71,387,000. Captrust Financial Advisors increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after purchasing an additional 1,021,822 shares in the last quarter. Finally, Nationwide Fund Advisors lifted its stake in iShares Core MSCI Emerging Markets ETF by 27.9% in the 4th quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after buying an additional 893,391 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.3%

NYSEARCA:IEMG opened at $79.96 on Thursday. The stock has a 50 day moving average of $80.73 and a two-hundred day moving average of $76.87. iShares Core MSCI Emerging Markets ETF has a 12 month low of $60.69 and a 12 month high of $86.49. The firm has a market cap of $155.87 billion, a P/E ratio of 14.65 and a beta of 0.73.

About iShares Core MSCI Emerging Markets ETF

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.