iShares Core MSCI Emerging Markets ETF $IEMG is Strategic Investment Management LLC’s 2nd Largest Position

Strategic Investment Management LLC reduced its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 52.6% during the third quarter, Holdings Channel.com reports. The fund owned 481,005 shares of the company’s stock after selling 533,220 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up 17.2% of Strategic Investment Management LLC’s investment portfolio, making the stock its 2nd biggest position. Strategic Investment Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $31,708,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IEMG. First Horizon Corp purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at approximately $41,000. Steigerwald Gordon & Koch Inc. bought a new stake in iShares Core MSCI Emerging Markets ETF during the 3rd quarter valued at $44,000. MeadowBrook Investment Advisors LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 2nd quarter worth $62,000. Team Financial Group LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF by 19.4% during the 3rd quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock worth $71,000 after buying an additional 175 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 28.6% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,232 shares of the company’s stock valued at $74,000 after buying an additional 274 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA:IEMG opened at $71.96 on Friday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.29 and a 1-year high of $72.22. The company has a 50-day moving average of $67.90 and a 200 day moving average of $65.45. The firm has a market cap of $133.63 billion, a PE ratio of 14.65 and a beta of 0.65.

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.