Ramirez Asset Management Inc. Grows Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Ramirez Asset Management Inc. boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1,507.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,098 shares of the company’s stock after purchasing an additional 3,843 shares during the quarter. Ramirez Asset Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $214,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IEMG. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $25,000. Captrust Financial Advisors lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.5% during the third quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after purchasing an additional 471,879 shares in the last quarter. FSA Wealth Management LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth $81,000. IHT Wealth Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 27.5% in the 3rd quarter. IHT Wealth Management LLC now owns 80,826 shares of the company’s stock worth $4,652,000 after purchasing an additional 17,425 shares during the period. Finally, Retirement Investment Advisors Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 6.4% during the 3rd quarter. Retirement Investment Advisors Inc. now owns 1,147,306 shares of the company’s stock valued at $65,867,000 after buying an additional 68,956 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $55.07 on Friday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $49.47 and a 1-year high of $59.00. The business has a 50 day simple moving average of $54.19 and a two-hundred day simple moving average of $54.63. The stock has a market capitalization of $84.26 billion, a PE 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.