RiverFront Investment Group LLC Purchases 44,808 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

RiverFront Investment Group LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 822,065 shares of the company’s stock after acquiring an additional 44,808 shares during the period. iShares Core MSCI Emerging Markets ETF makes up approximately 1.3% of RiverFront Investment Group LLC’s portfolio, making the stock its 26th largest position. RiverFront Investment Group LLC owned approximately 0.06% of iShares Core MSCI Emerging Markets ETF worth $41,579,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IEMG. TIAA Trust National Association purchased a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth approximately $1,600,100,000. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,138,170 shares of the company’s stock worth $1,148,743,000 after acquiring an additional 1,271,596 shares during the last quarter. United Services Automobile Association boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 13.9% during the 3rd quarter. United Services Automobile Association now owns 4,547,343 shares of the company’s stock worth $216,408,000 after acquiring an additional 556,025 shares during the last quarter. Syon Capital LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $23,856,000. Finally, Retirement Investment Advisors Inc. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 38.8% during the 3rd quarter. Retirement Investment Advisors Inc. now owns 1,580,887 shares of the company’s stock worth $75,234,000 after acquiring an additional 442,304 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock traded up $0.56 on Friday, hitting $51.80. 7,299,605 shares of the company’s stock were exchanged, compared to its average volume of 10,500,142. The company has a 50-day simple moving average of $51.19 and a 200-day simple moving average of $49.67. The stock has a market capitalization of $76.66 billion, a PE ratio of 11.59 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1 year low of $45.57 and a 1 year high of $52.65.

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.