KCS Wealth Advisory acquired a new position in shares of iShares Inc. (NYSEARCA:IEMG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 34,686 shares of the company’s stock, valued at approximately $1,974,000. iShares comprises about 1.9% of KCS Wealth Advisory’s investment portfolio, making the stock its 5th biggest position.
Several other hedge funds have also bought and sold shares of the company. Daiwa SB Investments Ltd. boosted its holdings in shares of iShares by 108.8% during the fourth quarter. Daiwa SB Investments Ltd. now owns 2,860 shares of the company’s stock worth $163,000 after purchasing an additional 1,490 shares during the last quarter. Chesley Taft & Associates LLC boosted its holdings in iShares by 5.2% in the fourth quarter. Chesley Taft & Associates LLC now owns 41,838 shares of the company’s stock valued at $2,381,000 after acquiring an additional 2,075 shares during the last quarter. Pure Financial Advisors Inc. boosted its holdings in iShares by 6.4% in the fourth quarter. Pure Financial Advisors Inc. now owns 39,114 shares of the company’s stock valued at $2,226,000 after acquiring an additional 2,341 shares during the last quarter. Carlson Capital Management acquired a new position in iShares in the fourth quarter valued at $204,000. Finally, Simply Money Advisors boosted its holdings in iShares by 1.6% in the fourth quarter. Simply Money Advisors now owns 268,338 shares of the company’s stock valued at $15,268,000 after acquiring an additional 4,217 shares during the last quarter.
Shares of iShares Inc. (NYSEARCA:IEMG) traded up $0.59 during trading on Friday, reaching $59.79. The company had a trading volume of 18,084,181 shares, compared to its average volume of 11,264,066. iShares Inc. has a 52-week low of $43.86 and a 52-week high of $59.81.
The company also recently announced a semiannual dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were issued a $0.9735 dividend. This represents a yield of 3.53%. The ex-dividend date of this dividend was Tuesday, December 19th.
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