Boston Research & Management Inc. Has $5.48 Million Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Boston Research & Management Inc. grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.3% during the fourth quarter, HoldingsChannel reports. The firm owned 104,942 shares of the company’s stock after buying an additional 1,319 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 1.3% of Boston Research & Management Inc.’s investment portfolio, making the stock its 29th largest holding. Boston Research & Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of IEMG. Dakota Community Bank & Trust NA raised its position in iShares Core MSCI Emerging Markets ETF by 92.7% in the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after buying an additional 242 shares during the last quarter. Kentucky Trust Co purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $28,000. NewSquare Capital LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $28,000. OLD Point Trust & Financial Services N A purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $36,000. Finally, Millstone Evans Group LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $45,000.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8 %

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $54.09 on Monday. The firm has a market cap of $82.76 billion, a PE ratio of 14.82 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The company’s fifty day simple moving average is $54.23 and its two-hundred day simple moving average is $54.66.

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.