Parkside Investments LLC Increases Position in iShares Core MSCI Emerging Markets ETF $IEMG

Parkside Investments LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 651,187 shares of the company’s stock after purchasing an additional 40,607 shares during the period. iShares Core MSCI Emerging Markets ETF comprises about 5.4% of Parkside Investments LLC’s portfolio, making the stock its 5th largest holding. Parkside Investments LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $42,926,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cloud Capital Management LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth about $32,000. Your Advocates Ltd. LLP acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $36,000. First Horizon Corp bought a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $41,000. Steigerwald Gordon & Koch Inc. acquired a new position in iShares Core MSCI Emerging Markets ETF during the third quarter valued at approximately $44,000. Finally, MeadowBrook Investment Advisors LLC bought a new position in iShares Core MSCI Emerging Markets ETF in the second quarter valued at approximately $62,000.

iShares Core MSCI Emerging Markets ETF Stock Up 1.5%

NYSEARCA:IEMG opened at $76.79 on Wednesday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $77.05. The firm has a market capitalization of $146.75 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The stock’s 50 day moving average price is $71.27 and its two-hundred day moving average price is $67.69.

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.