CoreCap Advisors LLC Lowers Position in iShares Core MSCI Emerging Markets ETF $IEMG

CoreCap Advisors LLC cut its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 19.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 74,065 shares of the company’s stock after selling 18,019 shares during the period. CoreCap Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $6,136,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEMG. Farther Finance Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 34.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,278,606 shares of the company’s stock valued at $85,948,000 after buying an additional 329,464 shares during the period. Western Wealth Management LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 73.5% in the 4th quarter. Western Wealth Management LLC now owns 53,737 shares of the company’s stock worth $3,612,000 after acquiring an additional 22,764 shares in the last quarter. Crestwood Advisors Group LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 20.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 175,066 shares of the company’s stock worth $11,768,000 after acquiring an additional 29,977 shares in the last quarter. Synergy Investment Management LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 23.9% during the 4th quarter. Synergy Investment Management LLC now owns 149,851 shares of the company’s stock valued at $10,073,000 after acquiring an additional 28,912 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. bought a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $4,830,000.

iShares Core MSCI Emerging Markets ETF Stock Down 0.3%

Shares of IEMG opened at $79.96 on Thursday. The business’s 50 day moving average price is $80.73 and its 200-day moving average price is $76.87. iShares Core MSCI Emerging Markets ETF has a 52 week low of $60.69 and a 52 week high of $86.49. The stock has a market cap of $155.87 billion, a P/E ratio of 14.65 and a beta of 0.73.

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.