Integrated Wealth Concepts LLC Acquires 135,686 Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF)

Integrated Wealth Concepts LLC boosted its position in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) by 28.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 619,348 shares of the company’s stock after buying an additional 135,686 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 4.49% of iShares Emerging Markets Equity Factor ETF worth $30,837,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Flow Traders U.S. LLC purchased a new stake in iShares Emerging Markets Equity Factor ETF in the third quarter worth approximately $3,978,000. Captrust Financial Advisors lifted its holdings in iShares Emerging Markets Equity Factor ETF by 8.4% in the 3rd quarter. Captrust Financial Advisors now owns 28,468 shares of the company’s stock worth $1,417,000 after buying an additional 2,199 shares during the period. First Citizens Financial Corp lifted its stake in iShares Emerging Markets Equity Factor ETF by 6.4% in the third quarter. First Citizens Financial Corp now owns 16,322 shares of the company’s stock worth $813,000 after acquiring an additional 975 shares during the period. Strategic Blueprint LLC bought a new stake in shares of iShares Emerging Markets Equity Factor ETF during the 3rd quarter valued at about $669,000. Finally, Farther Finance Advisors LLC boosted its position in iShares Emerging Markets Equity Factor ETF by 15.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,713 shares of the company’s stock valued at $385,000 after acquiring an additional 1,008 shares in the last quarter.

iShares Emerging Markets Equity Factor ETF Stock Up 0.4 %

Shares of EMGF opened at $47.42 on Tuesday. The stock has a market cap of $654.40 million, a P/E ratio of 10.68 and a beta of 0.79. The business’s 50 day moving average price is $48.74 and its 200-day moving average price is $47.43. iShares Emerging Markets Equity Factor ETF has a 52 week low of $39.80 and a 52 week high of $53.73.

iShares Emerging Markets Equity Factor ETF Profile

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.