First Merchants Corp Purchases 1,195 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

First Merchants Corp raised its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,075 shares of the company’s stock after purchasing an additional 1,195 shares during the period. First Merchants Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,555,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Bogart Wealth LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 3.2% during the fourth quarter. Bogart Wealth LLC now owns 6,520 shares of the company’s stock valued at $340,000 after buying an additional 200 shares during the period. Kickstand Ventures LLC. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 6.2% in the 4th quarter. Kickstand Ventures LLC. now owns 97,622 shares of the company’s stock valued at $5,098,000 after acquiring an additional 5,734 shares in the last quarter. Diversified Portfolios Inc. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 4.6% during the 4th quarter. Diversified Portfolios Inc. now owns 27,640 shares of the company’s stock valued at $1,443,000 after acquiring an additional 1,207 shares during the last quarter. Kentucky Trust Co purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $28,000. Finally, Leavell Investment Management Inc. grew its stake in iShares Core MSCI Emerging Markets ETF by 7.9% in the 4th quarter. Leavell Investment Management Inc. now owns 71,756 shares of the company’s stock worth $3,747,000 after buying an additional 5,244 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.6 %

IEMG opened at $54.57 on Friday. The stock has a market capitalization of $80.76 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The stock has a 50-day moving average price of $53.14 and a 200-day moving average price of $54.35.

iShares Core MSCI Emerging Markets ETF Company 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.