Commonwealth Retirement Investments LLC Has $590,000 Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Commonwealth Retirement Investments LLC reduced its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 30.7% in the third quarter, HoldingsChannel.com reports. The fund owned 10,269 shares of the company’s stock after selling 4,540 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $590,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Lynx Investment Advisory acquired a new position in iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth approximately $148,000. First Merchants Corp lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 2.2% during the second quarter. First Merchants Corp now owns 64,729 shares of the company’s stock valued at $3,465,000 after purchasing an additional 1,406 shares in the last quarter. Great Lakes Advisors LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 6.1% during the second quarter. Great Lakes Advisors LLC now owns 153,220 shares of the company’s stock valued at $8,202,000 after purchasing an additional 8,776 shares in the last quarter. Mill Creek Capital Advisors LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 25.3% during the second quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock worth $117,531,000 after purchasing an additional 442,859 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its position in iShares Core MSCI Emerging Markets ETF by 11.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock worth $21,791,000 after purchasing an additional 42,287 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA:IEMG traded down $0.93 on Tuesday, hitting $54.47. The stock had a trading volume of 3,730,563 shares, compared to its average volume of 9,757,348. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.33 and a 1 year high of $59.00. The firm’s fifty day simple moving average is $56.04 and its two-hundred day simple moving average is $54.48. The stock has a market cap of $80.62 billion, a P/E ratio of 11.74 and a beta of 0.85.

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.