Mill Creek Capital Advisors LLC Buys 65,785 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Mill Creek Capital Advisors LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,297,324 shares of the company’s stock after purchasing an additional 65,785 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 2.9% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Mill Creek Capital Advisors LLC owned approximately 0.16% of iShares Core MSCI Emerging Markets ETF worth $119,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Jaffetilchin Investment Partners LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 0.6% during the third quarter. Jaffetilchin Investment Partners LLC now owns 30,388 shares of the company’s stock worth $1,745,000 after acquiring an additional 188 shares in the last quarter. Barrett & Company Inc. boosted its holdings in iShares Core MSCI Emerging Markets ETF by 8.9% during the fourth quarter. Barrett & Company Inc. now owns 2,769 shares of the company’s stock worth $145,000 after purchasing an additional 226 shares during the last quarter. Dakota Community Bank & Trust NA boosted its holdings in iShares Core MSCI Emerging Markets ETF by 92.7% during the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after purchasing an additional 242 shares during the last quarter. Transcendent Capital Group LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 57.7% during the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after purchasing an additional 261 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 0.3% during the fourth quarter. Klaas Financial Asset Advisors LLC now owns 105,353 shares of the company’s stock worth $5,502,000 after purchasing an additional 319 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG stock opened at $54.22 on Tuesday. The stock has a market cap of $80.25 billion, a P/E ratio of 11.74 and a beta of 0.85. The company has a fifty day moving average price of $53.16 and a two-hundred day moving average price of $54.33. iShares Core MSCI Emerging Markets ETF has a one year low of $49.05 and a one year 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.