Parallel Advisors LLC Buys 8,337 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Parallel Advisors LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 440,816 shares of the company’s stock after buying an additional 8,337 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $35,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEMG. Archer Investment Corp increased its holdings in shares of 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 buying an additional 274 shares in the last quarter. Monetary Solutions Ltd lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 173.2% in the 3rd quarter. Monetary Solutions Ltd now owns 418 shares of the company’s stock valued at $34,000 after acquiring an additional 265 shares during the last quarter. Silicon Valley Capital Partners bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 1st quarter valued at $45,000. Nvwm LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at $45,000. Finally, Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter valued at $51,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG traded up $1.49 during mid-day trading on Friday, hitting $72.20. 21,310,108 shares of the stock traded hands, compared to its average volume of 14,401,196. The company has a market cap of $142.00 billion, a PE ratio of 14.65 and a beta of 0.77. iShares Core MSCI Emerging Markets ETF has a twelve month low of $64.67 and a twelve month high of $86.49. The firm has a 50 day simple moving average of $79.69 and a two-hundred day simple moving average of $77.96.

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.