Harbor Capital Advisors Inc. Takes Position in iShares Core MSCI Emerging Markets ETF $IEMG

Harbor Capital Advisors Inc. acquired a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the fourth quarter, Holdings Channel.com reports. The firm acquired 601,507 shares of the company’s stock, valued at approximately $40,433,000. iShares Core MSCI Emerging Markets ETF comprises 3.1% of Harbor Capital Advisors Inc.’s holdings, making the stock its biggest holding.

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 57.5% during the second quarter. EverSource Wealth Advisors LLC now owns 29,808 shares of the company’s stock valued at $1,789,000 after purchasing an additional 10,888 shares during the period. Portland Global Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 0.7% during the 2nd quarter. Portland Global Advisors LLC now owns 246,971 shares of the company’s stock worth $14,826,000 after purchasing an additional 1,821 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in iShares Core MSCI Emerging Markets ETF by 73.5% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 9,053 shares of the company’s stock worth $543,000 after purchasing an additional 3,834 shares during the period. Cary Street Partners Financial LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 19.1% during the 2nd quarter. Cary Street Partners Financial LLC now owns 8,992 shares of the company’s stock valued at $540,000 after buying an additional 1,444 shares during the last quarter. Finally, CoreFirst Bank & Trust raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 9.0% during the 2nd quarter. CoreFirst Bank & Trust now owns 58,221 shares of the company’s stock valued at $3,495,000 after buying an additional 4,820 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG stock opened at $69.56 on Friday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $77.68. The stock has a market cap of $132.93 billion, a PE ratio of 14.65 and a beta of 0.65. The business has a 50-day simple moving average of $72.56 and a 200-day simple moving average of $69.28.

About iShares Core MSCI Emerging Markets ETF

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.