Next Capital Management LLC Purchases 9,096 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Next Capital Management LLC increased its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,521 shares of the company’s stock after acquiring an additional 9,096 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 3.2% of Next Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Next Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $10,569,000 at the end of the most recent reporting period.

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

iShares Core MSCI Emerging Markets ETF Stock Down 1.4%

Shares of NYSEARCA IEMG opened at $76.98 on Friday. The business’s 50 day moving average price is $81.58 and its 200 day moving average price is $76.05. The firm has a market cap of $149.05 billion, a P/E ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 52 week low of $59.67 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.