Park Place Capital Corp Has $2.67 Million Position in iShares Core MSCI Emerging Markets ETF $IEMG

Park Place Capital Corp grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 32.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,444 shares of the company’s stock after buying an additional 10,014 shares during the period. Park Place Capital Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IEMG. S.A. Mason LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the second quarter valued at approximately $44,000. Kentucky Trust Co raised its holdings in iShares Core MSCI Emerging Markets ETF by 68.8% during the 2nd quarter. Kentucky Trust Co now owns 908 shares of the company’s stock worth $55,000 after purchasing an additional 370 shares during the last quarter. Painted Porch Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth approximately $61,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth approximately $62,000. Finally, Team Financial Group LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock valued at $71,000 after purchasing an additional 175 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 2.6%

IEMG opened at $69.00 on Monday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $69.46. The company has a fifty day moving average of $67.24 and a 200-day moving average of $64.44. The stock has a market cap of $123.25 billion, a PE ratio of 14.65 and a beta of 0.65.

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.