Avestar Capital LLC acquired a new position in iShares Inc. (NYSEARCA:IEMG) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,437 shares of the company’s stock, valued at approximately $124,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Carlson Capital Management purchased a new stake in iShares in the 4th quarter worth approximately $204,000. Simply Money Advisors lifted its stake in iShares by 1.6% in the 4th quarter. Simply Money Advisors now owns 268,338 shares of the company’s stock worth $15,268,000 after purchasing an additional 4,217 shares in the last quarter. Chesley Taft & Associates LLC lifted its stake in iShares by 5.2% in the 4th quarter. Chesley Taft & Associates LLC now owns 41,838 shares of the company’s stock worth $2,381,000 after purchasing an additional 2,075 shares in the last quarter. White Lighthouse Investment Management Inc. purchased a new stake in iShares in the 4th quarter worth approximately $387,000. Finally, Pure Financial Advisors Inc. lifted its stake in iShares by 6.4% in the 4th quarter. Pure Financial Advisors Inc. now owns 39,114 shares of the company’s stock worth $2,226,000 after purchasing an additional 2,341 shares in the last quarter.
Shares of iShares Inc. (IEMG) opened at $59.53 on Wednesday. iShares Inc. has a 52 week low of $46.47 and a 52 week high of $62.70.
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