iShares Core MSCI Emerging Markets ETF $IEMG Stake Boosted by Next Capital Management LLC

Next Capital Management LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 151,521 shares of the company’s stock after purchasing an additional 9,096 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for approximately 3.2% of Next Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Next Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $10,569,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Emerging Markets ETF by 10.2% during the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock worth $3,226,692,000 after buying an additional 4,457,585 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares Core MSCI Emerging Markets ETF by 29.5% in the first quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after buying an additional 4,743,399 shares during the last quarter. Captrust Financial Advisors raised its stake in iShares Core MSCI Emerging Markets ETF by 12.0% in the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock valued at $641,386,000 after buying an additional 1,021,822 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in iShares Core MSCI Emerging Markets ETF by 9.5% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock worth $351,426,000 after acquiring an additional 454,887 shares in the last quarter. Finally, Nationwide Fund Advisors boosted its holdings in 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 acquiring an additional 893,391 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG stock opened at $76.98 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $59.67 and a fifty-two week high of $86.49. The firm has a market capitalization of $149.05 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The stock’s 50-day simple moving average is $81.58 and its 200-day simple moving average is $76.05.

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.