Napier Financial LLC Takes $2.15 Million Position in iShares Core MSCI Emerging Markets ETF $IEMG

Napier Financial LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the 4th quarter, Holdings Channel.com reports. The firm acquired 31,912 shares of the company’s stock, valued at approximately $2,145,000.

Several other institutional investors and hedge funds have also made changes to their positions in IEMG. JPMorgan Chase & Co. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after acquiring an additional 4,457,585 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 30.9% in the fourth quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock valued at $1,081,266,000 after acquiring an additional 3,795,631 shares in the last quarter. Nationwide Fund Advisors lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 27.9% in the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after acquiring an additional 893,391 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $59,249,000. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 31.2% in the second quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after acquiring an additional 819,923 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $78.63 on Monday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $57.38 and a 52-week high of $86.04. The stock’s fifty day simple moving average is $77.83 and its 200-day simple moving average is $73.03. The company has a market capitalization of $152.62 billion, a P/E ratio of 14.65 and a beta of 0.72.

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.