Noble Wealth Management PBC Makes New Investment in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Noble Wealth Management PBC bought a new position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) during the fourth quarter, HoldingsChannel.com reports. The firm bought 6,992 shares of the company’s stock, valued at approximately $365,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth approximately $25,000. Dakota Community Bank & Trust NA raised its stake in iShares Core MSCI Emerging Markets ETF by 92.7% during the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after acquiring an additional 242 shares during the period. Kentucky Trust Co bought a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. Transcendent Capital Group LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 57.7% during the 3rd quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after acquiring an additional 261 shares during the period. Finally, ESL Trust Services LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 74.3% during the 3rd quarter. ESL Trust Services LLC now owns 802 shares of the company’s stock worth $46,000 after acquiring an additional 342 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $53.44 on Friday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $49.47 and a 1 year high of $59.00. The company has a 50 day simple moving average of $53.26 and a two-hundred day simple moving average of $54.54. The firm has a market cap of $80.16 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.