GAMMA Investing LLC Buys 37,127 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

GAMMA Investing LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 17.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 249,050 shares of the company’s stock after buying an additional 37,127 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 1.0% of GAMMA Investing LLC’s portfolio, making the stock its 14th biggest position. GAMMA Investing LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $13,441,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IEMG. Eldridge Investment Advisors Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 0.4% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 59,837 shares of the company’s stock worth $3,125,000 after buying an additional 222 shares during the last quarter. Rathbones Group PLC boosted its position in iShares Core MSCI Emerging Markets ETF by 1.0% during the fourth quarter. Rathbones Group PLC now owns 29,070 shares of the company’s stock valued at $1,518,000 after acquiring an additional 277 shares during the last quarter. Private Trust Co. NA grew its holdings in iShares Core MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Private Trust Co. NA now owns 39,046 shares of the company’s stock worth $2,039,000 after acquiring an additional 314 shares during the period. Private Capital Management LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 6.2% during the 4th quarter. Private Capital Management LLC now owns 6,561 shares of the company’s stock worth $343,000 after acquiring an additional 381 shares during the period. Finally, Mascagni Wealth Management Inc. bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $26,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $59.75 on Friday. The company has a market capitalization of $94.79 billion, a price-to-earnings ratio of 14.65 and a beta of 0.75. The business’s 50-day moving average is $56.93 and its 200-day moving average is $54.54. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.29 and a 1 year high of $60.04.

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.