Community Trust & Investment Co. Takes $570,000 Position in iShares Core MSCI Emerging Markets ETF $IEMG

Community Trust & Investment Co. bought a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 8,640 shares of the company’s stock, valued at approximately $570,000.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Emerging Markets ETF by 16.3% during the second quarter. JPMorgan Chase & Co. now owns 42,710,758 shares of the company’s stock worth $2,563,927,000 after buying an additional 5,997,621 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 18.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,012,605 shares of the company’s stock valued at $541,027,000 after acquiring an additional 1,383,631 shares in the last quarter. Nationwide Fund Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 37.6% during the 2nd quarter. Nationwide Fund Advisors now owns 3,499,869 shares of the company’s stock worth $210,097,000 after purchasing an additional 957,222 shares during the period. Janney Montgomery Scott LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 47.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 2,668,147 shares of the company’s stock valued at $160,169,000 after purchasing an additional 857,701 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after purchasing an additional 819,923 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $69.70 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $69.70. The stock’s 50-day moving average is $67.26 and its two-hundred day moving average is $64.53. The stock has a market cap of $124.50 billion, a PE ratio of 14.65 and a beta of 0.65.

iShares Core MSCI Emerging Markets ETF Company 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.