Patriot Wealth Management Inc. purchased a new stake in shares of iShares Inc. (NYSEARCA:IEMG) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 9,427 shares of the company’s stock, valued at approximately $536,000.
Other institutional investors have also recently made changes to their positions in the company. Simply Money Advisors increased its stake in shares of iShares by 1.6% during the fourth quarter. Simply Money Advisors now owns 268,338 shares of the company’s stock valued at $15,268,000 after buying an additional 4,217 shares during the period. Pure Financial Advisors Inc. grew its stake 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 purchasing an additional 2,341 shares during the last quarter. Chesley Taft & Associates LLC grew its stake 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 purchasing an additional 2,075 shares during the last quarter. Carlson Capital Management purchased a new position in iShares in the fourth quarter valued at about $204,000. Finally, White Lighthouse Investment Management Inc. purchased a new position in iShares in the fourth quarter valued at about $387,000.
iShares Inc. (NYSEARCA:IEMG) traded down $0.38 on Wednesday, reaching $58.78. The company’s stock had a trading volume of 10,425,225 shares, compared to its average volume of 10,579,386. iShares Inc. has a 52 week low of $43.70 and a 52 week high of $59.37.
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