Renasant Bank raised its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 72.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,586 shares of the company’s stock after purchasing an additional 14,494 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 1.7% of Renasant Bank’s investment portfolio, making the stock its 16th biggest holding. Renasant Bank’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,412,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in IEMG. JPMorgan Chase & Co. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 10.2% during the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock worth $3,226,692,000 after buying an additional 4,457,585 shares during the period. Bank of New York Mellon Corp raised its stake in iShares Core MSCI Emerging Markets ETF by 30.9% during the 4th quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock valued at $1,081,266,000 after acquiring an additional 3,795,631 shares in the last quarter. Captrust Financial Advisors raised its stake in iShares Core MSCI Emerging Markets ETF by 12.0% during the 4th quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock valued at $641,386,000 after acquiring an additional 1,021,822 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in iShares Core MSCI Emerging Markets ETF by 9.5% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock worth $351,426,000 after acquiring an additional 454,887 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 21.1% in the third quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock worth $275,557,000 after purchasing an additional 726,865 shares in the last quarter.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of IEMG opened at $79.79 on Wednesday. The firm has a market capitalization of $154.49 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a one year low of $59.67 and a one year high of $86.49. The stock’s fifty day moving average is $81.63 and its 200-day moving average is $75.40.
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.
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