SSI Investment Management Inc. boosted its stake in iShares Inc. (NYSEARCA:IEMG) by 46.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 51,651 shares of the company’s stock after purchasing an additional 16,464 shares during the period. SSI Investment Management Inc.’s holdings in iShares were worth $2,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently modified their holdings of IEMG. Trustcore Financial Services LLC acquired a new position in shares of iShares during the fourth quarter valued at $103,000. Capital Advisors Ltd. LLC acquired a new position in shares of iShares during the fourth quarter valued at $105,000. Motco increased its holdings in shares of iShares by 69.2% during the fourth quarter. Motco now owns 2,442 shares of the company’s stock valued at $139,000 after purchasing an additional 999 shares during the period. Daiwa SB Investments Ltd. increased 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 valued at $163,000 after purchasing an additional 1,490 shares during the period. Finally, Omnia Family Wealth LLC acquired a new position in shares of iShares during the fourth quarter valued at $185,000.
iShares Inc. (NYSEARCA:IEMG) opened at $59.65 on Monday. iShares Inc. has a fifty-two week low of $45.45 and a fifty-two week high of $62.70.
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