Orrstown Financial Services Inc. Has $2.34 Million Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Orrstown Financial Services Inc. grew its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,859 shares of the company’s stock after acquiring an additional 5,807 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 0.6% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 24th largest position. Orrstown Financial Services Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,343,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IEMG. RiverFront Investment Group LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 11.6% in the second quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock worth $21,791,000 after acquiring an additional 42,287 shares during the period. Lazari Capital Management Inc. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $523,000. Emprise Bank lifted its holdings in iShares Core MSCI Emerging Markets ETF by 24.4% in the third quarter. Emprise Bank now owns 27,381 shares of the company’s stock valued at $1,572,000 after buying an additional 5,375 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in iShares Core MSCI Emerging Markets ETF by 3.7% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 518,184 shares of the company’s stock worth $29,749,000 after acquiring an additional 18,531 shares during the period. Finally, Trust Co of the South acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at about $317,000.

iShares Core MSCI Emerging Markets ETF Trading Up 0.5 %

NYSEARCA IEMG traded up $0.27 during trading hours on Wednesday, hitting $53.05. 500,939 shares of the company’s stock were exchanged, compared to its average volume of 7,388,291. The firm has a market cap of $78.52 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The stock has a 50-day simple moving average of $53.30 and a 200 day simple moving average of $54.39. iShares Core MSCI Emerging Markets ETF has a 1-year low of $48.31 and a 1-year high of $59.00.

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.