Parallel Advisors LLC Grows Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Parallel Advisors LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 25.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 423,028 shares of the company’s stock after acquiring an additional 84,544 shares during the period. Parallel Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $29,506,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Fortitude Family Office LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 7.3% in the fourth quarter. Fortitude Family Office LLC now owns 133,389 shares of the company’s stock valued at $8,966,000 after acquiring an additional 9,117 shares in the last quarter. Ayalon Insurance Comp Ltd. grew its holdings in iShares Core MSCI Emerging Markets ETF by 48.2% during the 4th quarter. Ayalon Insurance Comp Ltd. now owns 289,775 shares of the company’s stock worth $19,479,000 after acquiring an additional 94,255 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 34.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,278,606 shares of the company’s stock worth $85,948,000 after acquiring an additional 329,464 shares in the last quarter. Western Wealth Management LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 73.5% in the 4th quarter. Western Wealth Management LLC now owns 53,737 shares of the company’s stock worth $3,612,000 after purchasing an additional 22,764 shares during the last quarter. Finally, Crestwood Advisors Group LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 20.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 175,066 shares of the company’s stock worth $11,768,000 after purchasing an additional 29,977 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $76.98 on Monday. The firm has a market cap of $149.05 billion, a PE ratio of 14.65 and a beta of 0.72. The firm’s 50-day simple moving average is $81.58 and its 200-day simple moving average is $76.12. iShares Core MSCI Emerging Markets ETF has a 1 year low of $59.67 and a 1 year high of $86.49.

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.