First Command Advisory Services Inc. Buys 78,893 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

First Command Advisory Services Inc. boosted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 19.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 477,653 shares of the company’s stock after acquiring an additional 78,893 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up about 0.2% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 25th biggest position. First Command Advisory Services Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $32,108,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 30.9% in the 4th quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock valued at $1,081,266,000 after purchasing an additional 3,795,631 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares Core MSCI Emerging Markets ETF by 4.6% in the 3rd quarter. Captrust Financial Advisors now owns 8,519,766 shares of the company’s stock valued at $561,617,000 after purchasing an additional 378,430 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in iShares Core MSCI Emerging Markets ETF by 9.5% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock valued at $351,426,000 after purchasing an additional 454,887 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 21.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock valued at $275,557,000 after purchasing an additional 726,865 shares during the last quarter. Finally, Nationwide Fund Advisors lifted its stake in iShares Core MSCI Emerging Markets ETF by 27.9% in the 4th quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock valued at $274,939,000 after purchasing an additional 893,391 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $78.63 on Friday. The company has a market cap of $152.62 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The firm has a 50 day simple moving average of $77.83 and a 200 day simple moving average of $72.98. iShares Core MSCI Emerging Markets ETF has a one year low of $57.38 and a one year high of $86.04.

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.