Sandy Spring Bank Raises Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Sandy Spring Bank increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 20.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,086 shares of the company’s stock after acquiring an additional 8,156 shares during the period. Sandy Spring Bank’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth $25,000. Dakota Community Bank & Trust NA raised its stake 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 worth $26,000 after acquiring an additional 242 shares during the last quarter. Kentucky Trust Co purchased a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth $28,000. NewSquare Capital LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth $28,000. Finally, PSI Advisors LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 165.8% during the 4th quarter. PSI Advisors LLC now owns 877 shares of the company’s stock valued at $46,000 after buying an additional 547 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $55.27 on Friday. The stock has a 50-day simple moving average of $53.83 and a two-hundred day simple moving average of $54.57. The firm has a market capitalization of $84.56 billion, a P/E ratio of 14.82 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $49.47 and a fifty-two week high of $59.00.

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.