Valeo Financial Advisors LLC Purchases 110,846 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Valeo Financial Advisors LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,067,830 shares of the company’s stock after acquiring an additional 110,846 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for about 5.0% of Valeo Financial Advisors LLC’s holdings, making the stock its 4th biggest position. Valeo Financial Advisors LLC owned approximately 0.16% of iShares Core MSCI Emerging Markets ETF worth $245,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IEMG. Cornerstone Financial Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Modus Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth $28,000. Archer Investment Corp grew its position in iShares Core MSCI Emerging Markets ETF by 148.1% in the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after purchasing an additional 274 shares during the period. Provenance Wealth Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 278.9% in the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock valued at $35,000 after purchasing an additional 371 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at $35,000.

iShares Core MSCI Emerging Markets ETF Trading Up 0.8%

Shares of IEMG stock opened at $79.99 on Friday. The firm has a fifty day simple moving average of $80.58 and a two-hundred day simple moving average of $76.95. iShares Core MSCI Emerging Markets ETF has a 12 month low of $61.19 and a 12 month high of $86.49. The firm has a market capitalization of $155.93 billion, a PE ratio of 14.65 and a beta of 0.73.

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.