Crescent Grove Advisors LLC Purchases 12,315 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Crescent Grove Advisors LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.5% during the 1st quarter, Holdings Channel reports. The fund owned 367,043 shares of the company’s stock after buying an additional 12,315 shares during the period. iShares Core MSCI Emerging Markets ETF makes up 2.5% of Crescent Grove Advisors LLC’s portfolio, making the stock its 6th largest holding. Crescent Grove Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $25,601,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IEMG. Fortitude Family Office LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 7.3% in the 4th quarter. Fortitude Family Office LLC now owns 133,389 shares of the company’s stock worth $8,966,000 after purchasing an additional 9,117 shares in the last quarter. Ayalon Insurance Comp Ltd. increased its stake in iShares Core MSCI Emerging Markets ETF by 48.2% during the 4th quarter. Ayalon Insurance Comp Ltd. now owns 289,775 shares of the company’s stock valued at $19,479,000 after purchasing an additional 94,255 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 34.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,278,606 shares of the company’s stock valued at $85,948,000 after purchasing an additional 329,464 shares in the last quarter. Western Wealth Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 73.5% during the fourth quarter. Western Wealth Management LLC now owns 53,737 shares of the company’s stock worth $3,612,000 after buying an additional 22,764 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 20.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 175,066 shares of the company’s stock worth $11,768,000 after buying an additional 29,977 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 1.4%

iShares Core MSCI Emerging Markets ETF stock opened at $76.98 on Friday. The firm has a market capitalization of $149.05 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The firm’s fifty day moving average price is $81.58 and its two-hundred day moving average price is $76.05. iShares Core MSCI Emerging Markets ETF has a 1-year low of $59.67 and a 1-year high of $86.49.

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.