Shah Wealth Advisors LLC Buys Shares of 223,937 iShares Core MSCI Emerging Markets ETF $IEMG

Shah Wealth Advisors LLC bought a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 223,937 shares of the company’s stock, valued at approximately $18,551,000. iShares Core MSCI Emerging Markets ETF comprises about 4.3% of Shah Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest position.

Other large investors have also made changes to their positions in the company. Cornerstone Financial Management LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Modus Advisors LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth $28,000. Archer Investment Corp grew its position in shares of iShares Core MSCI Emerging Markets ETF by 148.1% during the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after acquiring an additional 274 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $35,000. Finally, Provenance Wealth Advisors LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after purchasing an additional 371 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $83.65 on Friday. The business’s fifty day moving average is $80.00 and its 200 day moving average is $78.11. The company has a market capitalization of $163.07 billion, a PE ratio of 14.65 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $62.46 and a fifty-two week high of $86.49.

iShares Core MSCI Emerging Markets ETF 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.