Russell Investments Group Ltd. Acquires 41,178 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Russell Investments Group Ltd. lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 30.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 178,380 shares of the company’s stock after purchasing an additional 41,178 shares during the period. Russell Investments Group Ltd.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $10,708,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEMG. OLD Mission Capital LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth about $415,988,000. JPMorgan Chase & Co. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 16.3% during the second quarter. JPMorgan Chase & Co. now owns 42,710,758 shares of the company’s stock worth $2,563,927,000 after purchasing an additional 5,997,621 shares in the last quarter. Partners Capital Investment Group LLP grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 97.7% during the first quarter. Partners Capital Investment Group LLP now owns 4,339,839 shares of the company’s stock valued at $234,221,000 after purchasing an additional 2,144,711 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 18.1% during the second quarter. Bank of New York Mellon Corp now owns 9,012,605 shares of the company’s stock valued at $541,027,000 after purchasing an additional 1,383,631 shares during the last quarter. Finally, Nationwide Fund Advisors increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 37.6% in the second quarter. Nationwide Fund Advisors now owns 3,499,869 shares of the company’s stock valued at $210,097,000 after purchasing an additional 957,222 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA:IEMG opened at $67.04 on Wednesday. The stock’s fifty day moving average price is $67.05 and its two-hundred day moving average price is $62.99. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $69.46. The company has a market cap of $112.67 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.