Nationwide Fund Advisors decreased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,801,904 shares of the company’s stock after selling 288,234 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for about 11.6% of Nationwide Fund Advisors’ holdings, making the stock its 5th biggest position. Nationwide Fund Advisors owned about 0.20% of iShares Core MSCI Emerging Markets ETF worth $265,183,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEMG. JPMorgan Chase & Co. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock worth $3,226,692,000 after purchasing an additional 4,457,585 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Core MSCI Emerging Markets ETF by 30.9% during the fourth quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock valued at $1,081,266,000 after purchasing an additional 3,795,631 shares during the period. Jabodon PT Co. bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at $71,387,000. Captrust Financial Advisors increased its position in iShares Core MSCI Emerging Markets ETF by 12.0% in the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after buying an additional 1,021,822 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP purchased a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $59,249,000.
iShares Core MSCI Emerging Markets ETF Price Performance
Shares of IEMG opened at $79.84 on Friday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $59.60 and a 1 year high of $86.49. The stock’s fifty day moving average price is $81.49 and its two-hundred day moving average price is $75.11. The firm has a market cap of $154.59 billion, a PE ratio of 14.65 and a beta of 0.72.
About iShares Core MSCI Emerging Markets ETF
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.
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