Mechanics Financial Corp Grows Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Mechanics Financial Corp boosted its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,541 shares of the company’s stock after buying an additional 1,446 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 1.7% of Mechanics Financial Corp’s holdings, making the stock its 13th biggest position. Mechanics Financial Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,736,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in IEMG. Dakota Community Bank & Trust NA boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 92.7% in the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after buying an additional 242 shares in the last quarter. Kentucky Trust Co acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth $28,000. NewSquare Capital LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at about $28,000. OLD Point Trust & Financial Services N A purchased a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at approximately $36,000. Finally, Millstone Evans Group LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $45,000.

iShares Core MSCI Emerging Markets ETF Trading Down 1.8 %

iShares Core MSCI Emerging Markets ETF stock opened at $54.09 on Friday. iShares Core MSCI Emerging Markets ETF has a 52 week low of $49.47 and a 52 week high of $59.00. The stock has a market cap of $82.76 billion, a PE ratio of 14.82 and a beta of 0.74. The stock has a 50-day moving average price of $54.23 and a 200 day moving average price of $54.63.

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.