Okabena Investment Services Inc. Grows Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Okabena Investment Services Inc. grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,108 shares of the company’s stock after acquiring an additional 818 shares during the quarter. Okabena Investment Services Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,990,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Pointe Capital Management LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Pointe Capital Management LLC now owns 87,702 shares of the company’s stock worth $4,580,000 after purchasing an additional 1,471 shares in the last quarter. Hollencrest Capital Management raised its stake in iShares Core MSCI Emerging Markets ETF by 4.2% during the 4th quarter. Hollencrest Capital Management now owns 53,951 shares of the company’s stock valued at $2,817,000 after acquiring an additional 2,174 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 20.4% during the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after purchasing an additional 5,631,725 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 87.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 171,930 shares of the company’s stock worth $8,978,000 after acquiring an additional 80,127 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 3.6% during the 4th quarter. Farther Finance Advisors LLC now owns 231,760 shares of the company’s stock valued at $12,103,000 after purchasing an additional 7,954 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $54.09 on Friday. The company has a 50 day moving average price of $54.23 and a 200 day moving average price of $54.63. The stock has a market capitalization of $82.76 billion, a price-to-earnings ratio of 14.82 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a 1-year low of $49.47 and a 1-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.