Pure Financial Advisors Inc. boosted its holdings in iShares Inc. (NYSEARCA:IEMG) by 6.4% in the fourth quarter, Holdings Channel reports. The firm owned 39,114 shares of the company’s stock after purchasing an additional 2,341 shares during the period. Pure Financial Advisors Inc.’s holdings in iShares were worth $2,226,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the stock. White Lighthouse Investment Management Inc. purchased a new position in iShares in the fourth quarter valued at about $387,000. Chesley Taft & Associates LLC lifted its holdings in iShares by 5.2% during the 4th quarter. Chesley Taft & Associates LLC now owns 41,838 shares of the company’s stock worth $2,381,000 after buying an additional 2,075 shares during the last quarter. Simply Money Advisors lifted its holdings in iShares by 1.6% during the 4th quarter. Simply Money Advisors now owns 268,338 shares of the company’s stock worth $15,268,000 after buying an additional 4,217 shares during the last quarter. Finally, Carlson Capital Management bought a new position in iShares during the 4th quarter worth approximately $204,000.
iShares Inc. (NYSEARCA:IEMG) traded down $0.47 during trading hours on Wednesday, reaching $58.70. The company’s stock had a trading volume of 6,992,200 shares, compared to its average volume of 10,605,100. iShares Inc. has a 52 week low of $43.70 and a 52 week high of $59.37.
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