Essential Partners LLC Purchases 6,623 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Essential Partners LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 28.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,120 shares of the company’s stock after buying an additional 6,623 shares during the period. iShares Core MSCI Emerging Markets ETF comprises about 0.7% of Essential Partners LLC’s investment portfolio, making the stock its 20th largest holding. Essential Partners LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,101,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $25,000. Modus Advisors LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $28,000. Archer Investment Corp boosted its holdings in iShares Core MSCI Emerging Markets ETF by 148.1% during the first quarter. Archer Investment Corp now owns 459 shares of the company’s stock worth $32,000 after purchasing an additional 274 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $35,000. Finally, Provenance Wealth Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 278.9% in the first quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock valued at $35,000 after purchasing an additional 371 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 3.9%

Shares of IEMG stock opened at $77.05 on Friday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $59.67 and a 1 year high of $86.49. The firm’s fifty day moving average price is $80.98 and its two-hundred day moving average price is $76.64. The firm has a market capitalization of $149.37 billion, a P/E ratio of 14.65 and a beta of 0.72.

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.