iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Purchased by First Merchants Corp

First Merchants Corp lifted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,729 shares of the company’s stock after acquiring an additional 1,406 shares during the period. First Merchants Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,465,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Magnolia Capital Advisors LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.0% in the 4th quarter. Magnolia Capital Advisors LLC now owns 17,583 shares of the company’s stock valued at $856,000 after purchasing an additional 1,303 shares during the last quarter. Lyell Wealth Management LP acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at $211,000. Syon Capital LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 6.4% in the 4th quarter. Syon Capital LLC now owns 533,177 shares of the company’s stock valued at $26,968,000 after purchasing an additional 31,898 shares during the last quarter. Spinnaker Trust boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 6.8% in the 4th quarter. Spinnaker Trust now owns 30,444 shares of the company’s stock valued at $1,540,000 after purchasing an additional 1,928 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 5.8% in the 4th quarter. RiverFront Investment Group LLC now owns 822,065 shares of the company’s stock valued at $41,579,000 after purchasing an additional 44,808 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 1.6 %

Shares of IEMG traded up $0.88 during mid-day trading on Friday, reaching $55.03. The company had a trading volume of 8,629,646 shares, compared to its average volume of 9,485,144. The stock has a market cap of $81.44 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The firm has a fifty day simple moving average of $53.76 and a 200-day simple moving average of $52.56. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $45.57 and a fifty-two week high of $55.99.

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.