First United Bank & Trust Has $2.08 Million Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

First United Bank & Trust cut its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,856 shares of the company’s stock after selling 6,834 shares during the period. First United Bank & Trust’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,081,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of IEMG. JPMorgan Chase & Co. lifted its holdings in iShares Core MSCI Emerging Markets ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after buying an additional 5,631,725 shares in the last quarter. Captrust Financial Advisors boosted its holdings in iShares Core MSCI Emerging Markets ETF by 8.5% in the third quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after acquiring an additional 471,879 shares during the last quarter. Stairway Partners LLC increased its position in iShares Core MSCI Emerging Markets ETF by 9.2% in the fourth quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock worth $179,364,000 after purchasing an additional 288,131 shares during the period. Mill Creek Capital Advisors LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 1.6% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock worth $128,113,000 after purchasing an additional 35,924 shares during the last quarter. Finally, First Hawaiian Bank lifted its position in iShares Core MSCI Emerging Markets ETF by 2.0% during the 3rd quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock valued at $66,058,000 after purchasing an additional 23,039 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $52.38 on Tuesday. The stock has a market cap of $77.52 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The company has a 50 day moving average of $53.51 and a 200-day moving average of $54.50. iShares Core MSCI Emerging Markets ETF has a one year low of $47.73 and a one year high of $59.00.

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.