Bank of New York Mellon Corp Increases Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Bank of New York Mellon Corp raised its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 30.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,085,473 shares of the company’s stock after purchasing an additional 3,795,631 shares during the quarter. Bank of New York Mellon Corp owned 0.84% of iShares Core MSCI Emerging Markets ETF worth $1,081,266,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IEMG. Nationwide Fund Advisors grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 27.9% in the 4th quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after purchasing an additional 893,391 shares during the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $59,249,000. Ameriprise Financial Inc. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 31.2% in the second quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after buying an additional 819,923 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,433,000. Finally, Captrust Financial Advisors boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 7.8% in the second quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock valued at $488,723,000 after buying an additional 587,966 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

iShares Core MSCI Emerging Markets ETF stock opened at $85.99 on Wednesday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $57.03 and a 1-year high of $86.04. The company has a market cap of $166.91 billion, a PE ratio of 14.65 and a beta of 0.71. The stock’s 50 day moving average price is $76.74 and its 200 day moving average price is $72.59.

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.