United Capital Financial Advisors LLC Has $124.66 Million Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

United Capital Financial Advisors LLC reduced its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.2% in the 4th quarter, HoldingsChannel reports. The firm owned 2,387,221 shares of the company’s stock after selling 4,234 shares during the period. iShares Core MSCI Emerging Markets ETF makes up about 1.1% of United Capital Financial Advisors LLC’s portfolio, making the stock its 18th largest position. United Capital Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $124,661,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dakota Community Bank & Trust NA boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 92.7% during 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 period. Kentucky Trust Co acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. NewSquare Capital LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. OLD Point Trust & Financial Services N A bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth approximately $36,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $45,000.

iShares Core MSCI Emerging Markets ETF Price Performance

iShares Core MSCI Emerging Markets ETF stock opened at $52.14 on Tuesday. The stock’s fifty day moving average price is $53.77 and its two-hundred day moving average price is $54.28. The firm has a market cap of $80.30 billion, a PE ratio of 14.53 and a beta of 0.64. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $59.00.

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.