NBH Bank Buys New Stake in iShares Core MSCI Emerging Markets ETF $IEMG

NBH Bank purchased a new stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 77,609 shares of the company’s stock, valued at approximately $6,429,000. iShares Core MSCI Emerging Markets ETF comprises approximately 2.7% of NBH Bank’s investment portfolio, making the stock its 7th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Modus Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Archer Investment Corp boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 148.1% in the first quarter. Archer Investment Corp now owns 459 shares of the company’s stock worth $32,000 after buying an additional 274 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth about $35,000. Finally, Provenance Wealth Advisors LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the first quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after buying an additional 371 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.7%

iShares Core MSCI Emerging Markets ETF stock opened at $83.65 on Friday. The business’s 50-day moving average price is $80.00 and its 200 day moving average price is $78.11. The firm has a market cap of $163.07 billion, a price-to-earnings ratio of 14.65 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a 52 week low of $62.46 and a 52 week high of $86.49.

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.