Dorsey & Whitney Trust CO LLC Increases Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Dorsey & Whitney Trust CO LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 87.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 171,930 shares of the company’s stock after buying an additional 80,127 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,978,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IEMG. RPg Family Wealth Advisory LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the third quarter worth $25,000. Dakota Community Bank & Trust NA boosted its position in iShares Core MSCI Emerging Markets ETF by 92.7% in the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after purchasing an additional 242 shares during the last quarter. Kentucky Trust Co purchased a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $28,000. NewSquare Capital LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $28,000. Finally, Transcendent Capital Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 57.7% in the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after purchasing an additional 261 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.4 %

IEMG stock opened at $54.89 on Friday. The stock’s fifty day simple moving average is $53.38 and its two-hundred day simple moving average is $54.55. iShares Core MSCI Emerging Markets ETF has a 1-year low of $49.47 and a 1-year high of $59.00. The stock has a market cap of $82.34 billion, a P/E ratio of 14.18 and a beta of 0.72.

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.