Harbor Investment Advisory LLC Increases Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Harbor Investment Advisory LLC raised its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 120.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,358 shares of the company’s stock after acquiring an additional 23,166 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in IEMG. JPMorgan Chase & Co. lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after purchasing an additional 4,457,585 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 29.5% in the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after purchasing an additional 4,743,399 shares during the period. Captrust Financial Advisors grew 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 worth $641,386,000 after buying an additional 1,021,822 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake 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 buying an additional 454,887 shares during the last quarter. Finally, Nationwide Fund Advisors increased its position in iShares Core MSCI Emerging Markets ETF by 27.9% during the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock worth $274,939,000 after buying an additional 893,391 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Up 2.7%

Shares of NYSEARCA IEMG opened at $80.24 on Wednesday. The stock has a market cap of $156.42 billion, a P/E ratio of 14.65 and a beta of 0.73. iShares Core MSCI Emerging Markets ETF has a twelve month low of $60.58 and a twelve month high of $86.49. The stock has a 50 day moving average of $80.80 and a two-hundred day moving average of $76.81.

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.