Mainstream Capital Management LLC Invests $833,000 in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Mainstream Capital Management LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,501 shares of the company’s stock, valued at approximately $833,000.

Other institutional investors have also modified their holdings of the company. Lynx Investment Advisory acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the second quarter valued at $148,000. First Merchants Corp lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 2.2% in the second quarter. First Merchants Corp now owns 64,729 shares of the company’s stock valued at $3,465,000 after buying an additional 1,406 shares during the period. Great Lakes Advisors LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 6.1% in the second quarter. Great Lakes Advisors LLC now owns 153,220 shares of the company’s stock valued at $8,202,000 after buying an additional 8,776 shares during the period. Mill Creek Capital Advisors LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 25.3% during the second quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock valued at $117,531,000 after purchasing an additional 442,859 shares during the last quarter. Finally, RiverFront Investment Group LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 11.6% during the second quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock valued at $21,791,000 after purchasing an additional 42,287 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 2.2 %

Shares of NYSEARCA IEMG opened at $57.22 on Friday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.33 and a 12 month high of $59.00. The company has a market cap of $84.69 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The business has a fifty day simple moving average of $55.94 and a 200-day simple moving average of $54.35.

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.