Valeo Financial Advisors LLC Has $174.22 Million Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Valeo Financial Advisors LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.9% in the 2nd quarter, Holdings Channel reports. The firm owned 2,902,229 shares of the company’s stock after buying an additional 54,547 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for 0.5% of Valeo Financial Advisors LLC’s portfolio, making the stock its 24th biggest holding. Valeo Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $174,221,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Independence Bank of Kentucky boosted its position in iShares Core MSCI Emerging Markets ETF by 24.0% during the first quarter. Independence Bank of Kentucky now owns 7,416 shares of the company’s stock worth $400,000 after purchasing an additional 1,436 shares during the period. Regent Peak Wealth Advisors LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth $279,000. SOA Wealth Advisors LLC. boosted its holdings in iShares Core MSCI Emerging Markets ETF by 347.6% during the first quarter. SOA Wealth Advisors LLC. now owns 145,122 shares of the company’s stock valued at $7,832,000 after acquiring an additional 112,702 shares during the period. Farther Finance Advisors LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 37.4% during the first quarter. Farther Finance Advisors LLC now owns 318,356 shares of the company’s stock valued at $17,258,000 after acquiring an additional 86,596 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 17.5% during the 1st quarter. GAMMA Investing LLC now owns 249,050 shares of the company’s stock worth $13,441,000 after purchasing an additional 37,127 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.3%

IEMG opened at $66.93 on Monday. The business has a 50 day moving average of $63.22 and a 200-day moving average of $58.91. The stock has a market capitalization of $111.96 billion, a price-to-earnings ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.29 and a 1-year high of $67.13.

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.