Lazard Asset Management LLC Decreases Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Lazard Asset Management LLC lowered its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 196,684 shares of the company’s stock after selling 3,575 shares during the quarter. Lazard Asset Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $10,270,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Dakota Community Bank & Trust NA lifted its stake in iShares Core MSCI Emerging Markets ETF by 92.7% in the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after acquiring an additional 242 shares during the last quarter. Kentucky Trust Co purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. NewSquare Capital LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $36,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $45,000.

iShares Core MSCI Emerging Markets ETF Trading Up 0.7%

Shares of NYSEARCA:IEMG opened at $57.29 on Thursday. The company has a market capitalization of $88.23 billion, a PE ratio of 14.12 and a beta of 0.64. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $59.00. The firm has a 50 day simple moving average of $53.66 and a 200-day simple moving average of $53.85.

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.