iShares Core MSCI Emerging Markets ETF $IEMG Shares Sold by Myriad Asset Management US LP

Myriad Asset Management US LP lowered its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 87.0% in the fourth quarter, Holdings Channel reports. The fund owned 76,926 shares of the company’s stock after selling 516,458 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 8.7% of Myriad Asset Management US LP’s investment portfolio, making the stock its 3rd largest holding. Myriad Asset Management US LP’s holdings in iShares Core MSCI Emerging Markets ETF were worth $5,171,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Cahill Financial Advisors Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 0.9% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 18,585 shares of the company’s stock valued at $1,225,000 after purchasing an additional 164 shares during the last quarter. Team Financial Group LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 19.4% in the third quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock valued at $71,000 after buying an additional 175 shares in the last quarter. Foster & Motley Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.5% during the third quarter. Foster & Motley Inc. now owns 5,355 shares of the company’s stock worth $353,000 after buying an additional 183 shares during the last quarter. Spinnaker Trust grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.8% during the third quarter. Spinnaker Trust now owns 26,351 shares of the company’s stock worth $1,737,000 after buying an additional 200 shares during the last quarter. Finally, Dunhill Financial LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 5.0% during the third quarter. Dunhill Financial LLC now owns 4,357 shares of the company’s stock worth $287,000 after buying an additional 206 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG opened at $69.56 on Friday. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.29 and a 52 week high of $77.68. The stock has a market capitalization of $135.02 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65. The stock has a fifty day moving average of $72.56 and a 200-day moving average of $69.30.

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.