Spinnaker Trust Grows Position in iShares Core MSCI Emerging Markets ETF $IEMG

Spinnaker Trust lifted its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 79.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,220 shares of the company’s stock after purchasing an additional 20,417 shares during the quarter. Spinnaker Trust’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,224,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IEMG. Cornerstone Financial Management LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. Modus Advisors LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at approximately $35,000. Provenance Wealth Advisors LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after purchasing an additional 371 shares during the period. Finally, North Star Investment Management Corp. bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at approximately $40,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.5%

NYSEARCA IEMG opened at $81.72 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 52 week low of $59.57 and a 52 week high of $86.49. The firm has a market capitalization of $158.62 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. The company has a fifty day moving average of $81.23 and a two-hundred day moving average of $74.79.

iShares Core MSCI Emerging Markets ETF 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.