Cornerstone Planning Group LLC Purchases 19,514 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Cornerstone Planning Group LLC grew its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 29.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,362 shares of the company’s stock after buying an additional 19,514 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 0.8% of Cornerstone Planning Group LLC’s portfolio, making the stock its 24th largest holding. Cornerstone Planning Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $6,024,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bessemer Group Inc. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 8.1% during the 1st quarter. Bessemer Group Inc. now owns 2,058,665 shares of the company’s stock worth $143,593,000 after acquiring an additional 154,870 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares Core MSCI Emerging Markets ETF by 29.5% during the first quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after purchasing an additional 4,743,399 shares in the last quarter. Ethos Financial Group LLC raised its position in iShares Core MSCI Emerging Markets ETF by 17.1% during the first quarter. Ethos Financial Group LLC now owns 15,773 shares of the company’s stock valued at $1,095,000 after purchasing an additional 2,304 shares in the last quarter. Archer Investment Corp raised its position 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 valued at $32,000 after purchasing an additional 274 shares in the last quarter. Finally, Northland Securities Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 19.7% during the first quarter. Northland Securities Inc. now owns 10,224 shares of the company’s stock worth $713,000 after purchasing an additional 1,686 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $76.98 on Friday. The business has a fifty day moving average price of $81.58 and a two-hundred day moving average price of $76.05. The stock has a market capitalization of $149.05 billion, a PE ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $59.67 and a fifty-two week high of $86.49.

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.