Pointe Capital Management LLC Has $4.58 Million Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Pointe Capital Management LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 87,702 shares of the company’s stock after buying an additional 1,471 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for approximately 2.6% of Pointe Capital Management LLC’s portfolio, making the stock its 6th largest position. Pointe Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Exchange Capital Management Inc. grew its position in shares of iShares Core MSCI Emerging Markets ETF by 1.1% during the fourth quarter. Exchange Capital Management Inc. now owns 68,129 shares of the company’s stock worth $3,558,000 after purchasing an additional 756 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 13.8% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 28,162 shares of the company’s stock valued at $1,471,000 after buying an additional 3,414 shares during the last quarter. Commonwealth Retirement Investments LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 3.6% during the fourth quarter. Commonwealth Retirement Investments LLC now owns 10,634 shares of the company’s stock valued at $555,000 after buying an additional 365 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 11.6% in the fourth quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after buying an additional 683,865 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 3.6% during the fourth quarter. Crestwood Advisors Group LLC now owns 158,975 shares of the company’s stock valued at $8,302,000 after acquiring an additional 5,590 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.1 %

Shares of IEMG stock opened at $54.76 on Wednesday. The stock has a market capitalization of $82.14 billion, a price-to-earnings ratio of 14.18 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The stock’s 50-day moving average price is $53.15 and its 200-day moving average price is $54.54.

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.