Mainstream Capital Management LLC Takes Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Mainstream Capital Management LLC acquired a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,501 shares of the company’s stock, valued at approximately $833,000.

Other hedge funds have also recently bought and sold shares of the company. Lynx Investment Advisory purchased a new stake in iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth about $148,000. First Merchants Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 2.2% in the 2nd quarter. First Merchants Corp now owns 64,729 shares of the company’s stock worth $3,465,000 after acquiring an additional 1,406 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 6.1% in the 2nd quarter. Great Lakes Advisors LLC now owns 153,220 shares of the company’s stock worth $8,202,000 after acquiring an additional 8,776 shares in the last quarter. Mill Creek Capital Advisors LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 25.3% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock worth $117,531,000 after acquiring an additional 442,859 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the 2nd 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 in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 2.2 %

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $57.22 on Friday. The stock has a 50-day moving average price of $55.94 and a 200 day moving average price of $54.35. The company has a market cap of $84.69 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.33 and a 1 year high of $59.00.

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.