TIAA Trust National Association Purchases 516,297 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

TIAA Trust National Association grew its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.2% during the fourth quarter, Holdings Channel reports. The firm owned 43,352,361 shares of the company’s stock after purchasing an additional 516,297 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 6.9% of TIAA Trust National Association’s holdings, making the stock its 2nd largest position. TIAA Trust National Association’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,266,543,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 3.2% in the 4th quarter. Bogart Wealth LLC now owns 6,520 shares of the company’s stock valued at $340,000 after purchasing an additional 200 shares during the last quarter. Eldridge Investment Advisors Inc. lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 0.4% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 59,837 shares of the company’s stock valued at $3,125,000 after purchasing an additional 222 shares during the last quarter. Barrett & Company Inc. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 8.9% in the 4th quarter. Barrett & Company Inc. now owns 2,769 shares of the company’s stock valued at $145,000 after purchasing an additional 226 shares during the period. Dakota Community Bank & Trust NA grew its stake in iShares Core MSCI Emerging Markets ETF by 92.7% during the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after buying an additional 242 shares during the last quarter. Finally, MN Wealth Advisors LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.9% in the fourth quarter. MN Wealth Advisors LLC now owns 6,740 shares of the company’s stock valued at $352,000 after acquiring an additional 254 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $55.25 on Tuesday. The firm’s fifty day simple moving average is $54.00 and its 200-day simple moving average is $54.60. iShares Core MSCI Emerging Markets ETF has a 12 month low of $49.47 and a 12 month high of $59.00. The stock has a market capitalization of $84.53 billion, a price-to-earnings 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.