Mill Creek Capital Advisors LLC Grows Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Mill Creek Capital Advisors LLC grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.9% during the fourth quarter, HoldingsChannel reports. The firm owned 2,297,324 shares of the company’s stock after buying an additional 65,785 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 2.9% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Mill Creek Capital Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $119,966,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IEMG. NBC Securities Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.5% in the 3rd quarter. NBC Securities Inc. now owns 29,688 shares of the company’s stock valued at $1,704,000 after acquiring an additional 1,535 shares in the last quarter. First United Bank & Trust boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 18.0% in the 3rd quarter. First United Bank & Trust now owns 46,690 shares of the company’s stock worth $2,680,000 after buying an additional 7,135 shares during the last quarter. MN Wealth Advisors LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 7.8% in the 3rd quarter. MN Wealth Advisors LLC now owns 6,486 shares of the company’s stock worth $372,000 after buying an additional 470 shares during the last quarter. Tsfg LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 2.3% during the third quarter. Tsfg LLC now owns 88,084 shares of the company’s stock valued at $5,057,000 after purchasing an additional 1,992 shares during the last quarter. Finally, Trust Co. of Vermont lifted its holdings in iShares Core MSCI Emerging Markets ETF by 24.3% during the third quarter. Trust Co. of Vermont now owns 6,275 shares of the company’s stock valued at $360,000 after purchasing an additional 1,225 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.1 %

Shares of IEMG opened at $54.22 on Tuesday. The business’s 50-day moving average price is $53.16 and its 200-day moving average price is $54.33. The stock has a market cap of $80.25 billion, a PE ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a twelve month low of $49.05 and a twelve month high of $59.00.

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.