Sankala Group LLC Takes Position in iShares Core MSCI Emerging Markets ETF $IEMG

Sankala Group LLC acquired a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 33,530 shares of the company’s stock, valued at approximately $2,254,000. iShares Core MSCI Emerging Markets ETF comprises 1.9% of Sankala Group LLC’s portfolio, making the stock its 10th largest position.

A number of other hedge funds have also bought and sold shares of IEMG. Sunbelt Securities Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 21.4% during the fourth quarter. Sunbelt Securities Inc. now owns 1,736 shares of the company’s stock valued at $117,000 after buying an additional 306 shares during the period. Birchwood Financial Partners Inc. bought a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $43,000. Strive Financial Group LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $1,621,000. NewEdge Advisors LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 19.5% during the fourth quarter. NewEdge Advisors LLC now owns 2,423,535 shares of the company’s stock valued at $162,910,000 after purchasing an additional 394,834 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 35.3% during the fourth quarter. IHT Wealth Management LLC now owns 53,259 shares of the company’s stock valued at $3,581,000 after purchasing an additional 13,883 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA:IEMG opened at $85.63 on Friday. The stock has a 50-day moving average price of $80.39 and a 200 day moving average price of $74.10. The stock has a market capitalization of $166.21 billion, a P/E ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 12-month low of $57.38 and a 12-month high of $86.04.

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.