SVB Wealth LLC Increases Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

SVB Wealth LLC boosted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 312.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 408,509 shares of the company’s stock after acquiring an additional 309,471 shares during the quarter. SVB Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $21,332,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in iShares Core MSCI Emerging Markets ETF by 20.4% during the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after acquiring an additional 5,631,725 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 11.6% during the 4th quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after purchasing an additional 683,865 shares during the period. Captrust Financial Advisors increased its position in iShares Core MSCI Emerging Markets ETF by 8.5% during the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after purchasing an additional 471,879 shares in the last quarter. Stairway Partners LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 9.2% in the fourth quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after buying an additional 288,131 shares during the period. Finally, Valeo Financial Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 1.4% during the fourth quarter. Valeo Financial Advisors LLC now owns 2,717,734 shares of the company’s stock valued at $141,920,000 after buying an additional 37,841 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 1.3 %

iShares Core MSCI Emerging Markets ETF stock opened at $53.44 on Friday. The firm has a fifty day moving average of $53.26 and a 200-day moving average of $54.54. iShares Core MSCI Emerging Markets ETF has a 52-week low of $49.47 and a 52-week high of $59.00. The firm has a market capitalization of $80.16 billion, a P/E ratio of 14.18 and a beta of 0.72.

iShares Core MSCI Emerging Markets ETF Company 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.