Arkadios Wealth Advisors Grows Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Arkadios Wealth Advisors grew its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 186.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,175 shares of the company’s stock after buying an additional 65,798 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Core MSCI Emerging Markets ETF were worth $5,460,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hughes Financial Services LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 1st quarter worth approximately $26,000. Mascagni Wealth Management Inc. purchased a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $26,000. Inlight Wealth Management LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 1st quarter worth approximately $34,000. Mpwm Advisory Solutions LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $35,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 1st quarter valued at $48,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $60.68 on Thursday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $62.04. The stock has a market capitalization of $98.56 billion, a price-to-earnings ratio of 14.65 and a beta of 0.75. The company has a fifty day moving average of $59.39 and a 200-day moving average of $55.77.

iShares Core MSCI Emerging Markets ETF 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.