Fairway Wealth LLC Increases Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Fairway Wealth LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 9.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,032 shares of the company’s stock after purchasing an additional 11,194 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up about 1.8% of Fairway Wealth LLC’s holdings, making the stock its 16th biggest position. Fairway Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,440,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 16.3% in the 2nd 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 last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Core MSCI Emerging Markets ETF by 18.1% during the second quarter. Bank of New York Mellon Corp now owns 9,012,605 shares of the company’s stock worth $541,027,000 after acquiring an additional 1,383,631 shares during the period. Captrust Financial Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 7.8% in the second quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock worth $488,723,000 after purchasing an additional 587,966 shares during the last quarter. Stairway Partners LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 0.9% in the 3rd quarter. Stairway Partners LLC now owns 3,523,665 shares of the company’s stock valued at $232,280,000 after purchasing an additional 31,940 shares during the period. Finally, Nationwide Fund Advisors grew its stake in iShares Core MSCI Emerging Markets ETF by 37.6% in the 2nd quarter. Nationwide Fund Advisors now owns 3,499,869 shares of the company’s stock valued at $210,097,000 after purchasing an additional 957,222 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG opened at $71.38 on Thursday. The stock has a market capitalization of $132.55 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $71.68. The business’s fifty day moving average is $67.82 and its 200-day moving average is $65.41.

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.