eCIO Inc. Purchases 20,087 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

eCIO Inc. increased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 38.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,136 shares of the company’s stock after acquiring an additional 20,087 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 2.3% of eCIO Inc.’s investment portfolio, making the stock its 12th largest position. eCIO Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,849,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its position in iShares Core MSCI Emerging Markets ETF by 36.4% in the third quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock worth $810,146,000 after purchasing an additional 3,277,237 shares during the period. Venturi Wealth Management LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 79.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,412,345 shares of the company’s stock valued at $159,022,000 after purchasing an additional 1,068,396 shares during the period. Ameriprise Financial Inc. lifted its position in iShares Core MSCI Emerging Markets ETF by 31.2% during 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 during the period. Farther Finance Advisors LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 183.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 949,142 shares of the company’s stock valued at $62,567,000 after purchasing an additional 614,802 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at about $40,433,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $69.56 on Friday. The stock has a market cap of $135.02 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The company has a 50 day moving average of $72.56 and a 200-day moving average of $69.30. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $77.68.

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.