Horizon Investments LLC Purchases 817,785 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Horizon Investments LLC grew its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 146.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,374,861 shares of the company’s stock after buying an additional 817,785 shares during the period. iShares Core MSCI Emerging Markets ETF makes up 2.1% of Horizon Investments LLC’s portfolio, making the stock its 9th largest position. Horizon Investments LLC owned approximately 0.09% of iShares Core MSCI Emerging Markets ETF worth $71,795,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IEMG. Bogart Wealth LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.2% in the fourth quarter. Bogart Wealth LLC now owns 6,520 shares of the company’s stock worth $340,000 after acquiring an additional 200 shares in the last quarter. Eldridge Investment Advisors Inc. increased its stake in iShares Core MSCI Emerging Markets ETF by 0.4% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 59,837 shares of the company’s stock worth $3,125,000 after purchasing an additional 222 shares in the last quarter. Barrett & Company Inc. increased its stake in iShares Core MSCI Emerging Markets ETF by 8.9% during the 4th quarter. Barrett & Company Inc. now owns 2,769 shares of the company’s stock worth $145,000 after purchasing an additional 226 shares in the last quarter. Dakota Community Bank & Trust NA raised its holdings in iShares Core MSCI Emerging Markets ETF by 92.7% during the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after buying an additional 242 shares during the period. Finally, MN Wealth Advisors LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 3.9% in the fourth quarter. MN Wealth Advisors LLC now owns 6,740 shares of the company’s stock valued at $352,000 after buying an additional 254 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.7 %

Shares of IEMG stock opened at $55.94 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The firm has a fifty day moving average of $53.63 and a 200-day moving average of $54.55. The company has a market capitalization of $85.59 billion, a price-to-earnings ratio of 14.82 and a beta of 0.74.

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.