Essential Partners LLC Buys 6,623 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Essential Partners LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 28.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,120 shares of the company’s stock after purchasing an additional 6,623 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 0.7% of Essential Partners LLC’s portfolio, making the stock its 20th biggest holding. Essential Partners LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,101,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 34.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,278,606 shares of the company’s stock worth $85,948,000 after buying an additional 329,464 shares in the last quarter. Western Wealth Management LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 73.5% during the 4th quarter. Western Wealth Management LLC now owns 53,737 shares of the company’s stock valued at $3,612,000 after buying an additional 22,764 shares in the last quarter. Crestwood Advisors Group LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 20.7% during the 4th quarter. Crestwood Advisors Group LLC now owns 175,066 shares of the company’s stock valued at $11,768,000 after buying an additional 29,977 shares in the last quarter. Synergy Investment Management LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 23.9% in the 4th quarter. Synergy Investment Management LLC now owns 149,851 shares of the company’s stock worth $10,073,000 after acquiring an additional 28,912 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $4,830,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $77.05 on Friday. The stock has a market capitalization of $149.37 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 1 year low of $59.67 and a 1 year high of $86.49. The business’s 50 day simple moving average is $80.98 and its 200-day simple moving average is $76.64.

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.