Redmont Wealth Advisors LLC Purchases 361 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Redmont Wealth Advisors LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,008 shares of the company’s stock after buying an additional 361 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 1.5% of Redmont Wealth Advisors LLC’s holdings, making the stock its 16th biggest position. Redmont Wealth Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEMG. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Captrust Financial Advisors increased its stake in iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after buying an additional 471,879 shares in the last quarter. Stairway Partners LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 9.2% during the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after purchasing an additional 288,131 shares during the period. Mill Creek Capital Advisors LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 1.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock worth $128,113,000 after buying an additional 35,924 shares in the last quarter. Finally, First Hawaiian Bank lifted its stake in iShares Core MSCI Emerging Markets ETF by 2.0% in the 3rd quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock worth $66,058,000 after purchasing an additional 23,039 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG stock opened at $52.93 on Thursday. The firm has a fifty day moving average price of $53.41 and a 200 day moving average price of $54.47. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $48.12 and a fifty-two week high of $59.00. The firm has a market cap of $78.34 billion, a PE ratio of 11.74 and a beta of 0.85.

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.