First United Bank & Trust Acquires 16,655 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

First United Bank & Trust boosted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 31.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,246 shares of the company’s stock after acquiring an additional 16,655 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 1.5% of First United Bank & Trust’s investment portfolio, making the stock its 19th largest position. First United Bank & Trust’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,655,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 7.3% in the 4th quarter. Fortitude Family Office LLC now owns 133,389 shares of the company’s stock worth $8,966,000 after acquiring an additional 9,117 shares during the last quarter. CoreCap Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 12.7% in the 3rd quarter. CoreCap Advisors LLC now owns 70,044 shares of the company’s stock worth $4,617,000 after acquiring an additional 7,906 shares during the last quarter. Bay Harbor Wealth Management LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 9.9% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 156,038 shares of the company’s stock worth $10,286,000 after acquiring an additional 14,021 shares during the last quarter. Park Place Capital Corp increased its stake in iShares Core MSCI Emerging Markets ETF by 32.9% in the 3rd quarter. Park Place Capital Corp now owns 40,444 shares of the company’s stock worth $2,666,000 after acquiring an additional 10,014 shares during the last quarter. Finally, Community Trust & Investment Co. bought a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth about $570,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8%

Shares of NYSEARCA IEMG opened at $70.14 on Tuesday. The firm has a market capitalization of $136.14 billion, a P/E ratio of 14.65 and a beta of 0.65. The stock’s 50-day simple moving average is $72.51 and its two-hundred day simple moving average is $69.36. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $77.68.

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.