Fairway Wealth LLC Buys 959 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Fairway Wealth LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,963 shares of the company’s stock after purchasing an additional 959 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 2.1% of Fairway Wealth LLC’s investment portfolio, making the stock its 16th largest position. Fairway Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,820,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Lynx Investment Advisory bought a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth $148,000. First Merchants Corp boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.2% in the second 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 during the period. Great Lakes Advisors LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 6.1% in the second 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 during the period. Mill Creek Capital Advisors LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF by 25.3% during the second quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock worth $117,531,000 after purchasing an additional 442,859 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 11.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock valued at $21,791,000 after purchasing an additional 42,287 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG stock opened at $55.83 on Friday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.33 and a 1-year high of $59.00. The business has a 50 day simple moving average of $56.02 and a two-hundred day simple moving average of $54.41. The company has a market capitalization of $82.63 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

iShares Core MSCI Emerging Markets ETF 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.