iShares Core MSCI Emerging Markets ETF $IEMG Shares Acquired by Synergy Investment Management LLC

Synergy Investment Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 468.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 63,458 shares of the company’s stock after purchasing an additional 52,297 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 2.3% of Synergy Investment Management LLC’s holdings, making the stock its 11th largest position. Synergy Investment Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,809,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Western Wealth Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 6.7% during the second quarter. Western Wealth Management LLC now owns 28,043 shares of the company’s stock worth $1,683,000 after acquiring an additional 1,763 shares during the last quarter. City of London Investment Management Co. Ltd. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the second quarter valued at $2,101,000. King Wealth Management Group increased its stake in iShares Core MSCI Emerging Markets ETF by 3.5% in the second quarter. King Wealth Management Group now owns 64,644 shares of the company’s stock valued at $3,881,000 after purchasing an additional 2,157 shares during the last quarter. WASHINGTON TRUST Co lifted its position in iShares Core MSCI Emerging Markets ETF by 0.5% during the second quarter. WASHINGTON TRUST Co now owns 300,773 shares of the company’s stock worth $18,055,000 after buying an additional 1,519 shares during the period. Finally, SBI Securities Co. Ltd. lifted its position in iShares Core MSCI Emerging Markets ETF by 8.0% during the second quarter. SBI Securities Co. Ltd. now owns 2,266 shares of the company’s stock worth $136,000 after buying an additional 168 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG opened at $67.07 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $69.46. The business has a 50-day moving average of $66.76 and a two-hundred day moving average of $62.19. The stock has a market capitalization of $112.72 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65.

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.