Ramirez Asset Management Inc. Acquires 3,843 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Ramirez Asset Management Inc. raised its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1,507.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,098 shares of the company’s stock after purchasing an additional 3,843 shares during the period. Ramirez Asset Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $214,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. TIAA Trust National Association raised its holdings in iShares Core MSCI Emerging Markets ETF by 1.2% in the 4th quarter. TIAA Trust National Association now owns 43,352,361 shares of the company’s stock valued at $2,266,543,000 after acquiring an additional 516,297 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after purchasing an additional 5,631,725 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares Core MSCI Emerging Markets ETF by 11.6% during the 4th quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after buying an additional 683,865 shares during the period. Captrust Financial Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 8.5% in the third quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after purchasing an additional 471,879 shares during the period. Finally, Stairway Partners LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 9.2% in the fourth quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after buying an additional 288,131 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA:IEMG opened at $55.07 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $49.47 and a fifty-two week high of $59.00. The company has a 50 day simple moving average of $54.19 and a two-hundred day simple moving average of $54.63. The company has a market capitalization of $84.26 billion, a PE ratio of 14.82 and a beta of 0.74.

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.