Corsicana & Co. Purchases Shares of 30,867 iShares Core MSCI Emerging Markets ETF $IEMG

Corsicana & Co. purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,867 shares of the company’s stock, valued at approximately $2,035,000. iShares Core MSCI Emerging Markets ETF accounts for about 1.1% of Corsicana & Co.’s investment portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of IEMG. Ameriprise Financial Inc. lifted its position in iShares Core MSCI Emerging Markets ETF by 14.6% during the 1st quarter. Ameriprise Financial Inc. now owns 2,630,947 shares of the company’s stock worth $142,168,000 after acquiring an additional 336,082 shares during the last quarter. Redwood Investment Management LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF by 13.5% in the first quarter. Redwood Investment Management LLC now owns 10,565 shares of the company’s stock valued at $570,000 after purchasing an additional 1,256 shares during the last quarter. Okabena Investment Services Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.6% in the first quarter. Okabena Investment Services Inc. now owns 39,083 shares of the company’s stock worth $2,109,000 after purchasing an additional 975 shares during the period. OLD Mission Capital LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the 1st quarter worth about $415,988,000. Finally, Baird Financial Group Inc. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 3.6% during the 1st quarter. Baird Financial Group Inc. now owns 2,179,512 shares of the company’s stock worth $117,628,000 after purchasing an additional 75,928 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.1%

IEMG opened at $66.09 on Friday. The stock’s 50 day moving average price is $67.18 and its two-hundred day moving average price is $63.80. The firm has a market capitalization of $111.07 billion, a P/E ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $69.46.

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.