Financial Management Professionals Inc. lowered its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 27.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 328,811 shares of the company’s stock after selling 122,708 shares during the period. iShares Core MSCI Emerging Markets ETF makes up approximately 2.2% of Financial Management Professionals Inc.’s portfolio, making the stock its 16th largest position. Financial Management Professionals Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $17,170,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in IEMG. JPMorgan Chase & Co. increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Stairway Partners LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Stairway Partners LLC now owns 3,146,653 shares of the company’s stock valued at $180,649,000 after purchasing an additional 510,720 shares during the last quarter. Captrust Financial Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after purchasing an additional 471,879 shares during the last quarter. Mill Creek Capital Advisors LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 25.3% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock valued at $117,531,000 after purchasing an additional 442,859 shares during the last quarter. Finally, 49 Wealth Management LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 169.8% in the 3rd quarter. 49 Wealth Management LLC now owns 384,468 shares of the company’s stock valued at $22,072,000 after purchasing an additional 241,950 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Stock Performance
iShares Core MSCI Emerging Markets ETF stock opened at $52.38 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.73 and a fifty-two week high of $59.00. The firm has a 50 day moving average price of $53.51 and a 200 day moving average price of $54.49. The company has a market capitalization of $77.52 billion, a PE ratio of 11.74 and a beta of 0.85.
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.
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