Janney Montgomery Scott LLC Purchases 704,984 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Janney Montgomery Scott LLC raised its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,901,270 shares of the company’s stock after acquiring an additional 704,984 shares during the period. iShares Core MSCI Emerging Markets ETF comprises 0.6% of Janney Montgomery Scott LLC’s portfolio, making the stock its 29th biggest position. Janney Montgomery Scott LLC owned about 0.20% of iShares Core MSCI Emerging Markets ETF worth $262,243,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IEMG. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI Emerging Markets ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after acquiring an additional 4,457,585 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 30.9% in the 4th quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock valued at $1,081,266,000 after acquiring an additional 3,795,631 shares in the last quarter. Jabodon PT Co. bought a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at approximately $71,387,000. Nationwide Fund Advisors lifted its stake in iShares Core MSCI Emerging Markets ETF by 27.9% in the 4th quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after acquiring an additional 893,391 shares in the last quarter. Finally, Quent Long Short Global Small Cap Fund LP bought a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at approximately $59,249,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $78.62 on Thursday. The stock has a market capitalization of $152.60 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The stock’s 50 day moving average price is $78.54 and its two-hundred day moving average price is $73.31. iShares Core MSCI Emerging Markets ETF has a 52 week low of $57.38 and a 52 week high of $86.04.

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.