Eldridge Investment Advisors Inc. Acquires New Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Eldridge Investment Advisors Inc. purchased a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,865 shares of the company’s stock, valued at approximately $3,129,000.

Several other institutional investors also recently added to or reduced their stakes in IEMG. Lyell Wealth Management LP purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at about $211,000. Kingswood Wealth Advisors LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 7.6% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 10,877 shares of the company’s stock valued at $550,000 after acquiring an additional 768 shares in the last quarter. North Star Asset Management Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 2.1% in the fourth quarter. North Star Asset Management Inc. now owns 77,803 shares of the company’s stock worth $3,935,000 after purchasing an additional 1,576 shares during the last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $3,296,000. Finally, Baker Boyer National Bank increased its position in shares of iShares Core MSCI Emerging Markets ETF by 16.2% during the fourth quarter. Baker Boyer National Bank now owns 16,048 shares of the company’s stock worth $812,000 after purchasing an additional 2,239 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 2.6 %

Shares of iShares Core MSCI Emerging Markets ETF stock traded up $1.34 during trading on Thursday, reaching $53.03. The company’s stock had a trading volume of 14,611,419 shares, compared to its average volume of 10,530,708. The company has a 50-day simple moving average of $51.27 and a two-hundred day simple moving average of $49.76. iShares Core MSCI Emerging Markets ETF has a 1-year low of $45.57 and a 1-year high of $53.08. The company has a market cap of $78.48 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

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.