Putnam Investments LLC Has $33.28 Million Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Putnam Investments LLC grew its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 125.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 682,028 shares of the company’s stock after purchasing an additional 379,761 shares during the quarter. Putnam Investments LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $33,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 44.8% in the 1st quarter. Ameriprise Financial Inc. now owns 4,799,694 shares of the company’s stock valued at $234,290,000 after purchasing an additional 1,485,053 shares during the period. Titleist Asset Management LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 1st quarter valued at about $5,305,000. JPMorgan Chase & Co. raised its stake in iShares Core MSCI Emerging Markets ETF by 41.0% during the 1st quarter. JPMorgan Chase & Co. now owns 25,854,366 shares of the company’s stock worth $1,261,435,000 after buying an additional 7,512,406 shares during the period. Westside Investment Management Inc. raised its stake in iShares Core MSCI Emerging Markets ETF by 5.5% during the 1st quarter. Westside Investment Management Inc. now owns 39,908 shares of the company’s stock worth $1,947,000 after buying an additional 2,093 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth approximately $48,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG stock opened at $49.30 on Friday. The stock’s 50 day simple moving average is $49.79 and its 200 day simple moving average is $49.00. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $41.44 and a fifty-two week high of $52.30. The company has a market cap of $71.48 billion, a P/E ratio of 12.26 and a beta of 0.75.

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.