Broadview Financial Management LLC Sells 11,940 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Broadview Financial Management LLC reduced its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 136,123 shares of the company’s stock after selling 11,940 shares during the period. iShares Core MSCI Emerging Markets ETF comprises approximately 6.1% of Broadview Financial Management LLC’s holdings, making the stock its 7th largest position. Broadview Financial Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $8,973,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. 49 Wealth Management LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 18.9% during the 2nd quarter. 49 Wealth Management LLC now owns 638,902 shares of the company’s stock worth $38,353,000 after acquiring an additional 101,484 shares in the last quarter. CoreCap Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 12.7% in the 3rd quarter. CoreCap Advisors LLC now owns 70,044 shares of the company’s stock valued at $4,617,000 after purchasing an additional 7,906 shares in the last quarter. Aspect Partners LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 2.5% during the second quarter. Aspect Partners LLC now owns 33,093 shares of the company’s stock worth $1,987,000 after purchasing an additional 799 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 9.9% during the third quarter. Bay Harbor Wealth Management LLC now owns 156,038 shares of the company’s stock worth $10,286,000 after purchasing an additional 14,021 shares in the last quarter. Finally, Princeton Global Asset Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 2.2% during the second quarter. Princeton Global Asset Management LLC now owns 56,858 shares of the company’s stock worth $3,413,000 after purchasing an additional 1,226 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8%

Shares of IEMG stock opened at $74.24 on Tuesday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.29 and a fifty-two week high of $74.70. The stock has a market cap of $141.87 billion, a P/E ratio of 14.65 and a beta of 0.65. The business has a fifty day simple moving average of $69.46 and a 200-day simple moving average of $66.57.

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.