Red Tortoise LLC Purchases 1,041 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Red Tortoise LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,372 shares of the company’s stock after acquiring an additional 1,041 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for 1.0% of Red Tortoise LLC’s investment portfolio, making the stock its 22nd biggest position. Red Tortoise LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,789,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IEMG. Coppell Advisory Solutions LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 2nd quarter valued at about $30,000. Covestor Ltd boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 813.0% during the 3rd quarter. Covestor Ltd now owns 703 shares of the company’s stock valued at $33,000 after purchasing an additional 626 shares in the last quarter. Live Oak Investment Partners bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $33,000. Steph & Co. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter valued at about $35,000. Finally, Family Capital Trust Co boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 59.4% during the 3rd quarter. Family Capital Trust Co now owns 824 shares of the company’s stock valued at $39,000 after purchasing an additional 307 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 0.0 %

Shares of IEMG traded down $0.02 during trading hours on Wednesday, reaching $50.02. 7,786,866 shares of the company traded hands, compared to its average volume of 10,672,379. The company’s fifty day moving average price is $51.06 and its two-hundred day moving average price is $49.49. The company has a market capitalization of $74.03 billion, a price-to-earnings ratio of 11.59 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 12 month low of $45.57 and a 12 month high of $52.65.

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.