Traders Buy iShares Core MSCI Emerging Markets ETF (IEMG) on Weakness

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Traders purchased shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) on weakness during trading hours on Thursday. $239.36 million flowed into the stock on the tick-up and $165.34 million flowed out of the stock on the tick-down, for a money net flow of $74.02 million into the stock. Of all equities tracked, iShares Core MSCI Emerging Markets ETF had the 26th highest net in-flow for the day. iShares Core MSCI Emerging Markets ETF traded down ($0.47) for the day and closed at $49.09

Several hedge funds have recently bought and sold shares of the company. WEALTHFRONT Corp boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 26.9% during the third quarter. WEALTHFRONT Corp now owns 14,326,332 shares of the company’s stock worth $741,817,000 after buying an additional 3,037,656 shares during the period. Strategic Investment Management LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 204.9% during the second quarter. Strategic Investment Management LLC now owns 10,502,176 shares of the company’s stock worth $551,469,000 after buying an additional 7,058,190 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in iShares Core MSCI Emerging Markets ETF by 252.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 8,178,164 shares of the company’s stock valued at $423,465,000 after purchasing an additional 5,855,210 shares during the last quarter. Varma Mutual Pension Insurance Co acquired a new position in iShares Core MSCI Emerging Markets ETF during the third quarter valued at approximately $413,027,000. Finally, Nationwide Fund Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 52.3% during the third quarter. Nationwide Fund Advisors now owns 7,611,469 shares of the company’s stock valued at $394,122,000 after purchasing an additional 2,614,744 shares during the last quarter.

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See Also: Fundamental Analysis and Individual Investors

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