Wellspring Financial Advisors LLC Acquires 40,870 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Wellspring Financial Advisors LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 762,282 shares of the company’s stock after acquiring an additional 40,870 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 0.7% of Wellspring Financial Advisors LLC’s holdings, making the stock its 17th biggest holding. Wellspring Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $51,241,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IEMG. JPMorgan Chase & Co. lifted its holdings in shares of 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 worth $3,226,692,000 after acquiring an additional 4,457,585 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 30.9% in the fourth quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock worth $1,081,266,000 after buying an additional 3,795,631 shares during the period. Jabodon PT Co. purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $71,387,000. Nationwide Fund Advisors increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 27.9% in the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock worth $274,939,000 after buying an additional 893,391 shares during the period. Finally, Quent Long Short Global Small Cap Fund LP purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $59,249,000.

iShares Core MSCI Emerging Markets ETF Trading Down 1.8%

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $78.62 on Thursday. The company’s fifty day simple moving average is $78.54 and its two-hundred day simple moving average is $73.31. The company has a market cap of $152.60 billion, a P/E ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 12-month low of $57.38 and a 12-month 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.