Allstate Corp Has $2.79 Million Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Allstate Corp trimmed its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 13.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 55,138 shares of the company’s stock after selling 8,500 shares during the period. Allstate Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of IEMG. Covestor Ltd raised its stake in iShares Core MSCI Emerging Markets ETF by 813.0% during the third quarter. Covestor Ltd now owns 703 shares of the company’s stock worth $33,000 after acquiring an additional 626 shares in the last quarter. Central Bank & Trust Co. acquired a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $39,000. GW&K Investment Management LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 34.8% during the fourth quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock worth $41,000 after acquiring an additional 209 shares in the last quarter. Horizons Wealth Management raised its stake in iShares Core MSCI Emerging Markets ETF by 393.5% during the fourth quarter. Horizons Wealth Management now owns 1,377 shares of the company’s stock worth $70,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Anchor Investment Management LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $85,000.

iShares Core MSCI Emerging Markets ETF Stock Down 0.3 %

iShares Core MSCI Emerging Markets ETF stock traded down $0.18 during mid-day trading on Wednesday, hitting $54.25. 4,868,910 shares of the company were exchanged, compared to its average volume of 10,169,338. The business has a fifty day moving average of $52.07 and a 200 day moving average of $50.49. iShares Core MSCI Emerging Markets ETF has a 1-year low of $45.57 and a 1-year high of $55.03. The company has a market capitalization of $80.29 billion, a PE ratio of 11.74 and a beta of 0.85.

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.