SOL Capital Management CO Decreases Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

SOL Capital Management CO reduced its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 13.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 38,006 shares of the company’s stock after selling 6,017 shares during the period. SOL Capital Management CO’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,051,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. TIAA Trust National Association boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 1.2% during the 4th quarter. TIAA Trust National Association now owns 43,352,361 shares of the company’s stock worth $2,266,543,000 after purchasing an additional 516,297 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 6,242.5% during the 1st quarter. GAMMA Investing LLC now owns 13,441,228 shares of the company’s stock worth $725,423,000 after purchasing an additional 13,229,305 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 14.9% during the 4th quarter. Captrust Financial Advisors now owns 6,915,494 shares of the company’s stock worth $361,128,000 after purchasing an additional 897,725 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 11.6% during the 4th quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after purchasing an additional 683,865 shares in the last quarter. Finally, Stairway Partners LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 1.6% during the 1st quarter. Stairway Partners LLC now owns 3,488,624 shares of the company’s stock worth $188,281,000 after purchasing an additional 53,840 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA IEMG opened at $59.55 on Thursday. The firm has a market capitalization of $94.09 billion, a P/E ratio of 14.65 and a beta of 0.64. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $59.77. The company’s fifty day moving average is $56.61 and its two-hundred day moving average is $54.48.

iShares Core MSCI Emerging Markets ETF Company Profile

The iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund that is based on the MSCI Emerging Markets IMI index, a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG was launched on Oct 18, 2012 and is managed by BlackRock.