Hollencrest Capital Management cut its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,777 shares of the company’s stock after selling 308 shares during the quarter. Hollencrest Capital Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,973,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Quent Capital LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 10.2% during the first quarter. Quent Capital LLC now owns 553,435 shares of the company’s stock valued at $28,557,000 after purchasing an additional 51,017 shares during the last quarter. SG Americas Securities LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the first quarter valued at approximately $249,000. Highland Capital Management LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.8% during the 1st quarter. Highland Capital Management LLC now owns 122,002 shares of the company’s stock worth $6,295,000 after purchasing an additional 961 shares during the last quarter. Pointe Capital Management LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 4.1% during the 1st quarter. Pointe Capital Management LLC now owns 85,982 shares of the company’s stock valued at $4,437,000 after purchasing an additional 3,421 shares in the last quarter. Finally, Heritage Wealth Advisors boosted its holdings in iShares Core MSCI Emerging Markets ETF by 2.5% in the first quarter. Heritage Wealth Advisors now owns 807,151 shares of the company’s stock worth $41,649,000 after purchasing an additional 19,774 shares in the last quarter.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA IEMG traded down $1.42 during mid-day trading on Friday, reaching $55.80. 5,384,838 shares of the company traded hands, compared to its average volume of 9,758,377. The company’s fifty day moving average is $55.94 and its two-hundred day moving average is $54.35. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.33 and a fifty-two week high of $59.00. The stock has a market cap of $82.58 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.
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