Kiely Wealth Advisory Group Inc. Increases Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Kiely Wealth Advisory Group Inc. increased its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 540.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 615 shares of the company’s stock after purchasing an additional 519 shares during the period. Kiely Wealth Advisory Group Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEMG. TIAA Trust National Association grew its position in iShares Core MSCI Emerging Markets ETF by 12.0% in the 2nd quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock worth $2,193,250,000 after purchasing an additional 4,390,144 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.5% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 7,924,815 shares of the company’s stock worth $408,920,000 after buying an additional 40,387 shares during the last quarter. OLD Mission Capital LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 168.2% in the first quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock worth $372,061,000 after acquiring an additional 4,521,769 shares during the period. Bank of New York Mellon Corp increased its position in iShares Core MSCI Emerging Markets ETF by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 6,296,468 shares of the company’s stock valued at $337,050,000 after acquiring an additional 172,596 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares Core MSCI Emerging Markets ETF by 8.0% in the first quarter. Captrust Financial Advisors now owns 4,946,158 shares of the company’s stock valued at $255,222,000 after acquiring an additional 366,603 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $54.90 on Friday. The stock’s 50-day simple moving average is $53.65 and its two-hundred day simple moving average is $53.03. The stock has a market capitalization of $81.25 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 52-week low of $45.57 and a 52-week high of $55.99.

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.