Fairway Wealth LLC Boosts Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Fairway Wealth LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 83,963 shares of the company’s stock after purchasing an additional 959 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 2.1% of Fairway Wealth LLC’s investment portfolio, making the stock its 16th largest holding. Fairway Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Investment Solutions Inc. IL raised its stake in iShares Core MSCI Emerging Markets ETF by 587.3% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock valued at $28,000 after buying an additional 417 shares during the last quarter. Western Pacific Wealth Management LP lifted its holdings in iShares Core MSCI Emerging Markets ETF by 631.3% in the first quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock valued at $30,000 after acquiring an additional 505 shares during the period. Kiely Wealth Advisory Group Inc. boosted its position in iShares Core MSCI Emerging Markets ETF by 540.6% in the second quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock worth $32,000 after purchasing an additional 519 shares during the last quarter. Zions Bancorporation N.A. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 2nd quarter valued at about $33,000. Finally, Olistico Wealth LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 2nd quarter valued at about $40,000.

iShares Core MSCI Emerging Markets ETF Stock Down 2.4 %

Shares of NYSEARCA:IEMG opened at $55.83 on Friday. The stock has a market capitalization of $82.63 billion, a PE ratio of 11.74 and a beta of 0.85. The firm’s 50 day moving average price is $56.02 and its 200-day moving average price is $54.41. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.33 and a twelve month high of $59.00.

iShares Core MSCI Emerging Markets ETF Company 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.