Fairway Wealth LLC Grows Position in iShares Core MSCI Emerging Markets ETF $IEMG

Fairway Wealth LLC grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,917 shares of the company’s stock after acquiring an additional 6,885 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 1.8% of Fairway Wealth LLC’s portfolio, making the stock its 16th biggest holding. Fairway Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $9,069,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 36.4% during the third quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock worth $810,146,000 after buying an additional 3,277,237 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% during the 3rd quarter. Captrust Financial Advisors now owns 8,519,766 shares of the company’s stock worth $561,617,000 after purchasing an additional 378,430 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 21.1% during the third quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock worth $275,557,000 after purchasing an additional 726,865 shares during the last quarter. Nationwide Fund Advisors grew its position in shares of iShares Core MSCI Emerging Markets ETF by 27.9% in the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after purchasing an additional 893,391 shares during the period. Finally, United Capital Financial Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 4.0% during the third quarter. United Capital Financial Advisors LLC now owns 3,504,248 shares of the company’s stock worth $231,000,000 after buying an additional 135,073 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Up 1.9%

Shares of NYSEARCA IEMG opened at $77.90 on Thursday. The stock has a market capitalization of $151.20 billion, a PE ratio of 14.65 and a beta of 0.66. The firm has a fifty day moving average of $72.99 and a 200-day moving average of $70.14. iShares Core MSCI Emerging Markets ETF has a 52-week low of $53.22 and a 52-week high of $78.81.

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.