First United Bank & Trust Has $3.47 Million Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

First United Bank & Trust lifted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 18.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,591 shares of the company’s stock after acquiring an additional 8,047 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 1.1% of First United Bank & Trust’s investment portfolio, making the stock its 26th largest holding. First United Bank & Trust’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. First Horizon Corp bought a new position in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth about $41,000. S.A. Mason LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the second quarter worth about $44,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth about $44,000. Kentucky Trust Co raised its position in iShares Core MSCI Emerging Markets ETF by 68.8% in the 2nd quarter. Kentucky Trust Co now owns 908 shares of the company’s stock valued at $55,000 after buying an additional 370 shares during the last quarter. Finally, Painted Porch Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $61,000.

iShares Core MSCI Emerging Markets ETF Stock Up 1.3%

NYSEARCA:IEMG opened at $70.96 on Tuesday. The company has a market cap of $128.49 billion, a P/E ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $71.00. The business has a 50 day moving average price of $67.41 and a two-hundred day moving average price of $64.92.

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.