Ameriprise Financial Inc. Purchases 1,485,053 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Ameriprise Financial Inc. grew its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 44.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,799,694 shares of the company’s stock after buying an additional 1,485,053 shares during the period. Ameriprise Financial Inc. owned approximately 0.34% of iShares Core MSCI Emerging Markets ETF worth $234,290,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. 9258 Wealth Management LLC increased its position in iShares Core MSCI Emerging Markets ETF by 8.2% during the 1st quarter. 9258 Wealth Management LLC now owns 7,231 shares of the company’s stock worth $353,000 after buying an additional 548 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 569.6% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 750 shares of the company’s stock worth $37,000 after purchasing an additional 638 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 180.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 22,329 shares of the company’s stock worth $1,089,000 after purchasing an additional 14,370 shares in the last quarter. Rex Capital Advisors LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth $10,890,000. Finally, Baystate Wealth Management LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 120.9% during the 1st quarter. Baystate Wealth Management LLC now owns 7,805 shares of the company’s stock worth $381,000 after purchasing an additional 4,272 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG opened at $49.10 on Friday. The firm has a market cap of $71.19 billion, a P/E ratio of 12.26 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 52-week low of $41.44 and a 52-week high of $52.30. The business’s fifty day moving average is $49.80 and its 200-day moving average is $49.00.

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.