Community Trust & Investment Co. Invests $570,000 in iShares Core MSCI Emerging Markets ETF $IEMG

Community Trust & Investment Co. bought a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMGFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,640 shares of the company’s stock, valued at approximately $570,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. S.A. Mason LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth $44,000. Kentucky Trust Co lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 68.8% in the second quarter. Kentucky Trust Co now owns 908 shares of the company’s stock worth $55,000 after acquiring an additional 370 shares in the last quarter. Painted Porch Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the second quarter worth about $61,000. MeadowBrook Investment Advisors LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the second quarter valued at about $62,000. Finally, Team Financial Group LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 19.4% during the 3rd quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock valued at $71,000 after purchasing an additional 175 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.0%

IEMG stock opened at $69.70 on Tuesday. The stock’s 50 day moving average is $67.26 and its two-hundred day moving average is $64.53. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $69.70. The company has a market capitalization of $124.50 billion, a PE ratio of 14.65 and a beta of 0.65.

About iShares Core MSCI Emerging Markets ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMGFree Report).

Institutional Ownership by Quarter for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Receive News & Ratings for iShares Core MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.