Sen. Markwayne Mullin Acquires Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). In a filing disclosed on December 19th, the Senator disclosed that they had bought between $1,001 and $15,000 in iShares Core MSCI Emerging Markets ETF stock on November 27th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $100,001 – $250,000 in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) on 11/27/2024.
• Purchased $100,001 – $250,000 in shares of iShares MSCI Eurozone ETF (BATS:EZU) on 11/27/2024.
• Purchased $250,001 – $500,000 in shares of Invesco High Yield Select ETF (BATS:HIYS) on 10/29/2024.

iShares Core MSCI Emerging Markets ETF Trading Up 0.5 %

NYSEARCA IEMG opened at $52.51 on Friday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.33 and a 1-year high of $59.00. The stock has a 50-day moving average of $55.30 and a 200-day moving average of $54.64. The firm has a market cap of $77.71 billion, a PE ratio of 11.74 and a beta of 0.85.

Hedge Funds Weigh In On iShares Core MSCI Emerging Markets ETF

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 75.3% in the second quarter. SG Americas Securities LLC now owns 8,476 shares of the company’s stock worth $454,000 after buying an additional 3,641 shares during the period. Family Firm Inc. purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the second quarter worth $98,000. First Merchants Corp boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 2.2% during the second quarter. First Merchants Corp now owns 64,729 shares of the company’s stock worth $3,465,000 after acquiring an additional 1,406 shares during the last quarter. Red Cedar Investment Management LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 0.7% during the second quarter. Red Cedar Investment Management LLC now owns 390,850 shares of the company’s stock valued at $20,922,000 after acquiring an additional 2,819 shares in the last quarter. Finally, Independence Bank of Kentucky increased its holdings in iShares Core MSCI Emerging Markets ETF by 33.7% in the 2nd quarter. Independence Bank of Kentucky now owns 6,466 shares of the company’s stock valued at $346,000 after acquiring an additional 1,630 shares during the last quarter.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

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.