Wetzel Investment Advisors Inc. Purchases Shares of 61,845 iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Wetzel Investment Advisors Inc. purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,845 shares of the company’s stock, valued at approximately $3,128,000. iShares Core MSCI Emerging Markets ETF comprises approximately 1.9% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 13th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. TIAA Trust National Association purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth about $1,600,100,000. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,138,170 shares of the company’s stock worth $1,148,743,000 after acquiring an additional 1,271,596 shares in the last quarter. United Services Automobile Association boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 13.9% during the 3rd quarter. United Services Automobile Association now owns 4,547,343 shares of the company’s stock worth $216,408,000 after acquiring an additional 556,025 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 12.3% during the 2nd quarter. Captrust Financial Advisors now owns 3,376,029 shares of the company’s stock worth $165,894,000 after acquiring an additional 370,163 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 1st quarter worth about $121,380,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG traded down $0.22 during mid-day trading on Friday, hitting $50.05. 8,296,391 shares of the company were exchanged, compared to its average volume of 10,597,154. iShares Core MSCI Emerging Markets ETF has a 1-year low of $45.57 and a 1-year high of $52.65. The company has a 50 day moving average of $51.08 and a 200-day moving average of $49.51. The stock has a market cap of $74.07 billion, a price-to-earnings ratio of 11.59 and a beta of 0.85.

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.