Summit Financial LLC Buys 685 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Summit Financial LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,424 shares of the company’s stock after acquiring an additional 685 shares during the quarter. Summit Financial LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $11,928,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IEMG. Pointe Capital Management LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Pointe Capital Management LLC now owns 87,702 shares of the company’s stock valued at $4,580,000 after acquiring an additional 1,471 shares during the period. Hollencrest Capital Management grew its position in shares of iShares Core MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Hollencrest Capital Management now owns 53,951 shares of the company’s stock valued at $2,817,000 after purchasing an additional 2,174 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after purchasing an additional 5,631,725 shares during the period. Horizon Investments LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 146.8% during the 4th quarter. Horizon Investments LLC now owns 1,374,861 shares of the company’s stock worth $71,795,000 after purchasing an additional 817,785 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 87.3% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 171,930 shares of the company’s stock worth $8,978,000 after buying an additional 80,127 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8 %

iShares Core MSCI Emerging Markets ETF stock opened at $54.09 on Monday. The company has a 50 day moving average of $54.23 and a 200-day moving average of $54.66. iShares Core MSCI Emerging Markets ETF has a twelve month low of $49.47 and a twelve month high of $59.00. The stock has a market capitalization of $82.76 billion, a PE ratio of 14.82 and a beta of 0.74.

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.