Broadview Financial Management LLC Has $8.18 Million Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Broadview Financial Management LLC lowered its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,308 shares of the company’s stock after selling 6,431 shares during the period. iShares Core MSCI Emerging Markets ETF comprises 5.6% of Broadview Financial Management LLC’s portfolio, making the stock its 7th largest holding. Broadview Financial Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cornerstone Financial Management LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Modus Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at about $28,000. Archer Investment Corp increased its stake in iShares Core MSCI Emerging Markets ETF by 148.1% in the first quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after acquiring an additional 274 shares during the period. Provenance Wealth Advisors LLC raised its position in iShares Core MSCI Emerging Markets ETF by 278.9% in the first quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after purchasing an additional 371 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth about $35,000.

iShares Core MSCI Emerging Markets ETF Stock Down 3.5%

Shares of IEMG opened at $78.49 on Tuesday. The company has a 50-day moving average price of $81.84 and a two-hundred day moving average price of $75.79. The stock has a market cap of $151.97 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 12 month low of $59.67 and a 12 month high of $86.49.

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.