First Merchants Corp increased its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 17.7% during the 1st quarter, HoldingsChannel reports. The firm owned 101,361 shares of the company’s stock after buying an additional 15,225 shares during the period. First Merchants Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $7,070,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Cornerstone Financial Management LLC bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at $25,000. Modus Advisors LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $28,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $35,000. North Star Investment Management Corp. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth about $40,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA:IEMG opened at $85.63 on Monday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $57.38 and a 12 month high of $86.04. The company has a 50-day moving average price of $80.39 and a 200 day moving average price of $74.15. The company has a market cap of $166.21 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72.
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.
Featured Stories
- Five stocks we like better than iShares Core MSCI Emerging Markets ETF
- 3 Inflation-Fighting Stocks Built for Higher Oil Prices
- 3 Biotech Firms With Major Potential Catalysts in the Coming Months
- Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
- 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost
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:IEMG – Free Report).
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.
