Fairway Wealth LLC Raises Stake in iShares Core MSCI Emerging Markets ETF $IEMG

Fairway Wealth LLC increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 14.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,838 shares of the company’s stock after buying an additional 14,442 shares during the period. iShares Core MSCI Emerging Markets ETF comprises 1.6% of Fairway Wealth LLC’s portfolio, making the stock its 17th largest holding. Fairway Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $7,014,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IEMG. Bridges Investment Management Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.4% during the 1st quarter. Bridges Investment Management Inc. now owns 412,869 shares of the company’s stock worth $22,283,000 after purchasing an additional 1,774 shares during the period. Fifth Third Securities Inc. increased its stake in iShares Core MSCI Emerging Markets ETF by 2.6% in the second quarter. Fifth Third Securities Inc. now owns 57,252 shares of the company’s stock valued at $3,437,000 after purchasing an additional 1,473 shares during the last quarter. First Merchants Corp lifted its position in iShares Core MSCI Emerging Markets ETF by 1.8% during the second quarter. First Merchants Corp now owns 83,666 shares of the company’s stock worth $5,022,000 after buying an additional 1,453 shares during the period. ST Germain D J Co. Inc. boosted its stake in iShares Core MSCI Emerging Markets ETF by 64.7% in the 2nd quarter. ST Germain D J Co. Inc. now owns 4,323 shares of the company’s stock worth $260,000 after buying an additional 1,699 shares during the last quarter. Finally, ORG Partners LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 214.7% in the 2nd quarter. ORG Partners LLC now owns 16,479 shares of the company’s stock valued at $991,000 after buying an additional 11,242 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $66.92 on Monday. The company has a market cap of $111.94 billion, a P/E ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $67.46. The company has a 50-day moving average of $64.34 and a 200-day moving average of $59.74.

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.