Twin Capital Management Inc. Makes New $2.67 Million Investment in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Twin Capital Management Inc. purchased a new position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 51,990 shares of the company’s stock, valued at approximately $2,674,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kavar Capital Partners LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth approximately $31,000. Zions Bancorporation N.A. purchased a new position in iShares Core MSCI Emerging Markets ETF in the 1st quarter worth approximately $36,000. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 1st quarter valued at approximately $44,000. Lenox Wealth Management Inc. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 68.3% during the 1st quarter. Lenox Wealth Management Inc. now owns 1,254 shares of the company’s stock valued at $65,000 after buying an additional 509 shares during the last quarter. Finally, First National Corp MA ADV boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 33.6% during the 1st quarter. First National Corp MA ADV now owns 1,304 shares of the company’s stock valued at $67,000 after buying an additional 328 shares during the last quarter.

Shares of iShares Core MSCI Emerging Markets ETF stock traded up $0.55 on Friday, hitting $47.47. 263,166 shares of the company’s stock traded hands, compared to its average volume of 16,227,881. The firm’s 50-day moving average is $50.39 and its 200 day moving average is $50.97. iShares Core MSCI Emerging Markets ETF has a 52-week low of $45.35 and a 52-week high of $53.95.

Featured Article: What does the Producer Price Index (PPI) tell investors?

Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG).

Institutional Ownership by Quarter for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Receive News & Ratings for iShares Core MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.