Boston Research & Management Inc. Increases Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Boston Research & Management Inc. raised its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 101,887 shares of the company’s stock after buying an additional 737 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises 1.4% of Boston Research & Management Inc.’s holdings, making the stock its 27th largest position. Boston Research & Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,454,000 as of its most recent SEC filing.

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

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG stock opened at $54.90 on Friday. The company has a market capitalization of $81.25 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 $45.57 and a 12 month high of $55.99. The firm’s fifty day simple moving average is $53.65 and its 200-day simple moving average is $53.03.

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.