Icon Wealth Advisors LLC Buys 137,632 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Icon Wealth Advisors LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 740,585 shares of the company’s stock after buying an additional 137,632 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 3.3% of Icon Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Icon Wealth Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $49,782,000 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. Fortitude Family Office LLC lifted its stake 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 valued at $8,966,000 after purchasing an additional 9,117 shares during the period. Ayalon Insurance Comp Ltd. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 48.2% in 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 during the period. Parkside Investments LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 6.7% in the 3rd quarter. Parkside Investments LLC now owns 651,187 shares of the company’s stock valued at $42,926,000 after purchasing an additional 40,607 shares during the period. Redmont Wealth Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at about $1,121,000. Finally, Syon Capital LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 14.5% in the 3rd quarter. Syon Capital LLC now owns 528,348 shares of the company’s stock valued at $34,829,000 after purchasing an additional 66,994 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $82.57 on Friday. The company has a market capitalization of $160.27 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The business’s 50-day moving average is $79.03 and its 200-day moving average is $73.49. iShares Core MSCI Emerging Markets ETF has a 1 year low of $57.38 and a 1 year high of $86.04.

iShares Core MSCI Emerging Markets ETF 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.