ORG Partners LLC Takes $8.27 Million Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

ORG Partners LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 154,192 shares of the company’s stock, valued at approximately $8,272,000. iShares Core MSCI Emerging Markets ETF accounts for about 1.0% of ORG Partners LLC’s portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also recently bought and sold shares of the business. GW&K Investment Management LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 34.8% during the fourth quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock worth $41,000 after purchasing an additional 209 shares during the period. Redmont Wealth Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 1.8% in the first quarter. Redmont Wealth Advisors LLC now owns 16,900 shares of the company’s stock valued at $872,000 after acquiring an additional 302 shares during the last quarter. Bahl & Gaynor Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 1.7% during the first quarter. Bahl & Gaynor Inc. now owns 17,963 shares of the company’s stock valued at $927,000 after purchasing an additional 307 shares in the last quarter. Motco lifted its stake in iShares Core MSCI Emerging Markets ETF by 29.1% during the first quarter. Motco now owns 1,575 shares of the company’s stock worth $81,000 after purchasing an additional 355 shares during the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 34.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,463 shares of the company’s stock valued at $75,000 after purchasing an additional 378 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock traded down $0.26 during trading on Wednesday, reaching $53.20. 7,589,168 shares of the company’s stock were exchanged, compared to its average volume of 9,621,013. The firm’s 50-day moving average price is $53.55 and its 200 day moving average price is $52.28. The company has a market cap of $78.74 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1-year low of $45.57 and a 1-year high of $55.99.

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.