Twin Peaks Wealth Advisors LLC Grows Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Twin Peaks Wealth Advisors LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 100.4% in the 2nd quarter, Holdings Channel reports. The firm owned 85,779 shares of the company’s stock after purchasing an additional 42,982 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for 1.7% of Twin Peaks Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,323,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Zions Bancorporation National Association UT bought a new stake in iShares Core MSCI Emerging Markets ETF during the 1st quarter valued at about $33,000. S.A. Mason LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the second quarter worth approximately $44,000. Knuff & Co LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the first quarter worth approximately $49,000. Kentucky Trust Co raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 68.8% during the second quarter. Kentucky Trust Co now owns 908 shares of the company’s stock valued at $55,000 after acquiring an additional 370 shares in the last quarter. Finally, Painted Porch Advisors LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the second quarter valued at approximately $61,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $67.04 on Wednesday. The business’s 50 day moving average is $67.05 and its 200 day moving average is $62.99. The stock has a market cap of $112.67 billion, a P/E ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $69.46.

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.