Highland Capital Management LLC Has $6.12 Million Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Highland Capital Management LLC lessened its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.8% during the fourth quarter, HoldingsChannel reports. The fund owned 121,041 shares of the company’s stock after selling 976 shares during the quarter. Highland Capital Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $6,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IEMG. Trust Co. of Vermont grew its position in iShares Core MSCI Emerging Markets ETF by 6.8% in the 3rd quarter. Trust Co. of Vermont now owns 3,182 shares of the company’s stock worth $151,000 after purchasing an additional 202 shares in the last quarter. Private Capital Management LLC grew its position in iShares Core MSCI Emerging Markets ETF by 4.1% in the 2nd quarter. Private Capital Management LLC now owns 7,029 shares of the company’s stock worth $346,000 after purchasing an additional 280 shares in the last quarter. Zions Bancorporation N.A. grew its position in iShares Core MSCI Emerging Markets ETF by 1.9% in the 1st quarter. Zions Bancorporation N.A. now owns 15,167 shares of the company’s stock worth $843,000 after purchasing an additional 282 shares in the last quarter. Stonebridge Capital Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 8.0% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 3,826 shares of the company’s stock worth $213,000 after purchasing an additional 283 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 13.8% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 2,399 shares of the company’s stock worth $114,000 after purchasing an additional 291 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG stock opened at $51.41 on Thursday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $45.57 and a 52-week high of $52.30. The company has a 50-day simple moving average of $50.17 and a two-hundred day simple moving average of $49.15. The company has a market capitalization of $74.54 billion, a price-to-earnings ratio of 12.26 and a beta of 0.75.

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.