iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Purchased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC boosted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2,091.4% in the first quarter, Holdings Channel reports. The institutional investor owned 2,425,340 shares of the company’s stock after acquiring an additional 2,314,666 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 1.3% of Valeo Financial Advisors LLC’s holdings, making the stock its 6th largest position. Valeo Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $125,148,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Natixis Advisors L.P. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 16.3% during the 3rd quarter. Natixis Advisors L.P. now owns 37,779 shares of the company’s stock valued at $1,798,000 after purchasing an additional 5,308 shares in the last quarter. KPP Advisory Services LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at $851,000. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Emerging Markets ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 24,138,170 shares of the company’s stock valued at $1,148,743,000 after buying an additional 1,271,596 shares during the last quarter. Shakespeare Wealth Management Inc. grew its stake in iShares Core MSCI Emerging Markets ETF by 3.1% in the 3rd quarter. Shakespeare Wealth Management Inc. now owns 262,413 shares of the company’s stock valued at $12,488,000 after buying an additional 7,858 shares during the last quarter. Finally, Baker Avenue Asset Management LP grew its stake in iShares Core MSCI Emerging Markets ETF by 1,457.9% in the 3rd quarter. Baker Avenue Asset Management LP now owns 2,773 shares of the company’s stock valued at $132,000 after buying an additional 2,595 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA:IEMG traded up $0.74 during midday trading on Wednesday, reaching $54.53. The stock had a trading volume of 5,074,772 shares, compared to its average volume of 10,043,710. iShares Core MSCI Emerging Markets ETF has a 1-year low of $45.57 and a 1-year high of $55.03. The firm’s fifty day simple moving average is $53.32 and its 200-day simple moving average is $51.36. The stock has a market capitalization of $80.70 billion, a P/E ratio of 11.74 and a beta of 0.85.

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.