Investment Research & Advisory Group Inc. Invests $86,000 in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Investment Research & Advisory Group Inc. purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,643 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEMG. JPMorgan Chase & Co. increased its stake in 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 in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 8.5% during 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 during the last quarter. Stairway Partners LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 9.2% in the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock worth $179,364,000 after buying an additional 288,131 shares in the last quarter. Mill Creek Capital Advisors LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 1.6% in the 3rd 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 last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 4.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,284,419 shares of the company’s stock valued at $67,072,000 after acquiring an additional 57,715 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $53.35 on Friday. The firm’s 50-day moving average is $53.37 and its two-hundred day moving average is $54.44. iShares Core MSCI Emerging Markets ETF has a 12-month low of $48.31 and a 12-month high of $59.00. The company has a market capitalization of $78.96 billion, a PE ratio of 11.74 and a beta of 0.85.

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.