Pointe Capital Management LLC Buys 1,938 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Pointe Capital Management LLC boosted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 91,191 shares of the company’s stock after acquiring an additional 1,938 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 2.8% of Pointe Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Pointe Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,474,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEMG. Next Capital Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 10.9% in the 2nd quarter. Next Capital Management LLC now owns 82,147 shares of the company’s stock valued at $4,931,000 after buying an additional 8,041 shares during the period. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 18.1% in the second quarter. Bank of New York Mellon Corp now owns 9,012,605 shares of the company’s stock valued at $541,027,000 after buying an additional 1,383,631 shares during the last quarter. Tsfg LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 91.0% in the second quarter. Tsfg LLC now owns 234,202 shares of the company’s stock valued at $14,059,000 after buying an additional 111,562 shares during the last quarter. iA Global Asset Management Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 109.1% during the second quarter. iA Global Asset Management Inc. now owns 707,679 shares of the company’s stock worth $42,482,000 after purchasing an additional 369,174 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV grew its holdings in iShares Core MSCI Emerging Markets ETF by 63.9% during the second quarter. Creative Financial Designs Inc. ADV now owns 18,202 shares of the company’s stock worth $1,093,000 after acquiring an additional 7,099 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

iShares Core MSCI Emerging Markets ETF stock opened at $68.73 on Tuesday. The firm has a market capitalization of $115.51 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.29 and a fifty-two week high of $69.46. The stock’s fifty day moving average is $65.66 and its two-hundred day moving average is $61.17.

iShares Core MSCI Emerging Markets ETF Company 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.