United Financial Planning Group LLC Makes New $6.88 Million Investment in iShares Core MSCI Emerging Markets ETF $IEMG

United Financial Planning Group LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 104,380 shares of the company’s stock, valued at approximately $6,881,000. iShares Core MSCI Emerging Markets ETF makes up 3.7% of United Financial Planning Group LLC’s holdings, making the stock its 5th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,266 shares of the company’s stock worth $136,000 after purchasing an additional 168 shares in the last quarter. King Wealth Management Group grew its stake in iShares Core MSCI Emerging Markets ETF by 3.5% during the second quarter. King Wealth Management Group now owns 64,644 shares of the company’s stock worth $3,881,000 after buying an additional 2,157 shares in the last quarter. City of London Investment Management Co. Ltd. bought a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at about $2,101,000. Western Wealth Management LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 6.7% in the 2nd quarter. Western Wealth Management LLC now owns 28,043 shares of the company’s stock valued at $1,683,000 after buying an additional 1,763 shares in the last quarter. Finally, Synergy Investment Management LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 468.6% during the 2nd quarter. Synergy Investment Management LLC now owns 63,458 shares of the company’s stock worth $3,809,000 after acquiring an additional 52,297 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Down 0.3%

NYSEARCA IEMG opened at $69.73 on Friday. The firm’s 50 day simple moving average is $72.85 and its 200 day simple moving average is $68.58. The firm has a market capitalization of $133.25 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.29 and a 1 year 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.