First Horizon Advisors Inc. Lowers Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

First Horizon Advisors Inc. trimmed its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 42,735 shares of the company’s stock after selling 423 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,232,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Arkadios Wealth Advisors increased its stake in iShares Core MSCI Emerging Markets ETF by 8.1% during the third quarter. Arkadios Wealth Advisors now owns 37,781 shares of the company’s stock worth $2,169,000 after purchasing an additional 2,816 shares during the period. Financial Management Professionals Inc. increased its position in shares of iShares Core MSCI Emerging Markets ETF by 23.4% during the third quarter. Financial Management Professionals Inc. now owns 451,519 shares of the company’s stock worth $25,922,000 after acquiring an additional 85,595 shares during the period. Richardson Financial Services Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.0% in the third quarter. Richardson Financial Services Inc. now owns 41,894 shares of the company’s stock valued at $2,246,000 after acquiring an additional 835 shares in the last quarter. Pointe Capital Management LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 1.7% in the third quarter. Pointe Capital Management LLC now owns 86,231 shares of the company’s stock valued at $4,951,000 after purchasing an additional 1,427 shares during the period. Finally, Strategic Investment Management LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 7.9% during the 3rd quarter. Strategic Investment Management LLC now owns 265,053 shares of the company’s stock worth $15,257,000 after purchasing an additional 19,310 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG stock opened at $55.52 on Monday. The company’s 50 day moving average price is $53.13 and its 200 day moving average price is $54.51. The firm has a market capitalization of $82.17 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $49.47 and a fifty-two week high of $59.00.

iShares Core MSCI Emerging Markets ETF 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.