BIP Wealth LLC Buys 5,994 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

BIP Wealth LLC increased its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 97.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,125 shares of the company’s stock after purchasing an additional 5,994 shares during the period. BIP Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $696,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mechanics Financial Corp grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% in the 3rd quarter. Mechanics Financial Corp now owns 70,095 shares of the company’s stock valued at $4,024,000 after purchasing an additional 3,083 shares during the period. Mill Creek Capital Advisors LLC grew its position in 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 valued at $128,113,000 after acquiring an additional 35,924 shares during the period. Connable Office Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 3.8% during the third quarter. Connable Office Inc. now owns 602,275 shares of the company’s stock worth $34,577,000 after acquiring an additional 22,105 shares in the last quarter. Diversified Portfolios Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 9.7% during the third quarter. Diversified Portfolios Inc. now owns 26,433 shares of the company’s stock worth $1,518,000 after acquiring an additional 2,329 shares in the last quarter. Finally, OLD Second National Bank of Aurora lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.3% during the third quarter. OLD Second National Bank of Aurora now owns 4,754 shares of the company’s stock valued at $273,000 after acquiring an additional 444 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $54.31 on Tuesday. The company has a market capitalization of $80.38 billion, a PE ratio of 11.74 and a beta of 0.85. The company’s fifty day moving average is $56.13 and its 200-day moving average is $54.55. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.33 and a 52 week high of $59.00.

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.