Bessemer Group Inc. Increases Position in iShares Core MSCI Emerging Markets ETF $IEMG

Bessemer Group Inc. lifted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 20.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,903,795 shares of the company’s stock after purchasing an additional 319,867 shares during the period. Bessemer Group Inc. owned about 0.10% of iShares Core MSCI Emerging Markets ETF worth $127,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 36.4% in 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 purchasing an additional 3,277,237 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% in the third 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 in the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 21.1% in 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 in the last quarter. Nationwide Fund Advisors increased its stake 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 worth $274,939,000 after purchasing an additional 893,391 shares in the last quarter. Finally, United Capital Financial Advisors LLC boosted its position in shares of 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 acquiring an additional 135,073 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $79.49 on Friday. The firm has a fifty day moving average price of $74.41 and a 200 day moving average price of $71.52. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $56.38 and a fifty-two week high of $83.29. The firm has a market cap of $154.29 billion, a price-to-earnings ratio of 14.65 and a beta of 0.71.

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.