Crestwood Advisors Group LLC grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 20.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 175,066 shares of the company’s stock after buying an additional 29,977 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $11,768,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $32,000. Your Advocates Ltd. LLP acquired a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $36,000. North Star Investment Management Corp. acquired a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth about $40,000. First Horizon Corp acquired a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $41,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $44,000.
iShares Core MSCI Emerging Markets ETF Stock Down 1.3%
Shares of IEMG stock opened at $81.47 on Friday. The stock has a 50-day moving average price of $73.62 and a 200 day moving average price of $70.95. The firm has a market cap of $158.13 billion, a price-to-earnings ratio of 14.65 and a beta of 0.71. iShares Core MSCI Emerging Markets ETF has a 12 month low of $55.12 and a 12 month high of $82.77.
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.
See Also
Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report).
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