Bessemer Group Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 8.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,058,665 shares of the company’s stock after acquiring an additional 154,870 shares during the quarter. Bessemer Group Inc. owned 0.11% of iShares Core MSCI Emerging Markets ETF worth $143,593,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth approximately $25,000. Modus Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $28,000. Archer Investment Corp raised its stake in iShares Core MSCI Emerging Markets ETF by 148.1% during the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after buying an additional 274 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $35,000. Finally, Provenance Wealth Advisors LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 278.9% during the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock valued at $35,000 after buying an additional 371 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Price Performance
NYSEARCA IEMG opened at $78.11 on Friday. The business’s fifty day moving average price is $81.70 and its 200-day moving average price is $76.05. The stock has a market capitalization of $151.24 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 1-year low of $59.67 and a 1-year high of $86.49.
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.
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