Bay Harbor Wealth Management LLC Has $12.73 Million Stock Position in iShares Core MSCI Emerging Markets ETF $IEMG

Bay Harbor Wealth Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 21.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 189,372 shares of the company’s stock after acquiring an additional 33,334 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for 3.3% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Bay Harbor Wealth Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $12,730,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cahill Financial Advisors Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 0.9% in the third quarter. Cahill Financial Advisors Inc. now owns 18,585 shares of the company’s stock valued at $1,225,000 after buying an additional 164 shares during the period. Pinnacle Bancorp Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 1.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 17,957 shares of the company’s stock valued at $1,207,000 after buying an additional 170 shares during the period. Foster & Motley Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 3.5% in the third quarter. Foster & Motley Inc. now owns 5,355 shares of the company’s stock valued at $353,000 after buying an additional 183 shares during the period. TOWER TRUST & INVESTMENT Co lifted its stake in iShares Core MSCI Emerging Markets ETF by 3.6% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 5,706 shares of the company’s stock valued at $384,000 after buying an additional 199 shares during the period. Finally, Spinnaker Trust lifted its stake in iShares Core MSCI Emerging Markets ETF by 0.8% in the third quarter. Spinnaker Trust now owns 26,351 shares of the company’s stock valued at $1,737,000 after buying an additional 200 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG opened at $78.58 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $55.11 and a 52-week high of $79.45. The business’s 50 day moving average price is $73.31 and its two-hundred day moving average price is $70.65. The firm has a market cap of $152.52 billion, a PE ratio of 14.65 and a beta of 0.71.

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.