JPMorgan Chase & Co. Purchases 4,457,585 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

JPMorgan Chase & Co. boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 10.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,001,963 shares of the company’s stock after acquiring an additional 4,457,585 shares during the quarter. JPMorgan Chase & Co. owned 2.51% of iShares Core MSCI Emerging Markets ETF worth $3,226,692,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Modus Advisors LLC bought a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. North Star Investment Management Corp. bought a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. Nemes Rush Group LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 1,938.7% in the fourth quarter. Nemes Rush Group LLC now owns 632 shares of the company’s stock valued at $42,000 after acquiring an additional 601 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its stake in iShares Core MSCI Emerging Markets ETF by 199.5% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 635 shares of the company’s stock valued at $43,000 after acquiring an additional 423 shares during the last quarter. Finally, Holos Integrated Wealth LLC bought a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $52,000.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG opened at $78.63 on Monday. The stock has a market cap of $152.62 billion, a PE ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 52 week low of $57.38 and a 52 week high of $86.04. The business’s fifty day simple moving average is $77.83 and its 200 day simple moving average is $73.03.

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.