Fortitude Family Office LLC Has $5.33 Million Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Fortitude Family Office LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 19.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,091 shares of the company’s stock after acquiring an additional 16,780 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up about 1.9% of Fortitude Family Office LLC’s holdings, making the stock its 9th largest position. Fortitude Family Office LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IEMG. JPMorgan Chase & Co. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after purchasing an additional 5,631,725 shares during the period. Captrust Financial Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 8.5% during the third quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after buying an additional 471,879 shares during the last quarter. Stairway Partners LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 9.2% in the fourth quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after acquiring an additional 288,131 shares during the last quarter. Mill Creek Capital Advisors LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 1.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock valued at $128,113,000 after acquiring an additional 35,924 shares during the last quarter. Finally, First Hawaiian Bank grew its position in shares of iShares Core MSCI Emerging Markets ETF by 2.0% during the 3rd quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock valued at $66,058,000 after acquiring an additional 23,039 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 0.5 %

Shares of IEMG stock opened at $52.12 on Friday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.33 and a 12-month high of $59.00. The company has a 50 day moving average of $54.06 and a 200-day moving average of $54.57. The firm has a market cap of $77.14 billion, a P/E ratio of 11.74 and a beta of 0.85.

iShares Core MSCI Emerging Markets ETF 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.