Gen Wealth Partners Inc reduced its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 37.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,422 shares of the company’s stock after selling 17,912 shares during the period. Gen Wealth Partners Inc’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,469,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in IEMG. Bank of New York Mellon Corp increased its position in shares of iShares Core MSCI Emerging Markets ETF by 29.5% in the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after acquiring an additional 4,743,399 shares during the period. Nationwide Fund Advisors raised its stake in iShares Core MSCI Emerging Markets ETF by 34.9% in the 3rd quarter. Nationwide Fund Advisors now owns 3,368,516 shares of the company’s stock worth $273,389,000 after acquiring an additional 871,652 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 3.4% during the 3rd quarter. Valeo Financial Advisors LLC now owns 3,171,483 shares of the company’s stock worth $248,929,000 after acquiring an additional 103,653 shares during the period. Stairway Partners LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 3.0% during the 3rd quarter. Stairway Partners LLC now owns 2,557,560 shares of the company’s stock worth $207,572,000 after acquiring an additional 75,621 shares during the period. Finally, Bessemer Group Inc. grew its stake in iShares Core MSCI Emerging Markets ETF by 8.1% during the 1st quarter. Bessemer Group Inc. now owns 2,058,665 shares of the company’s stock valued at $143,593,000 after purchasing an additional 154,870 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of IEMG stock opened at $74.27 on Tuesday. The stock’s 50-day simple moving average is $79.54 and its 200-day simple moving average is $77.97. The firm has a market capitalization of $146.07 billion, a PE ratio of 14.65 and a beta of 0.77. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $64.67 and a fifty-two week high of $86.49.
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.
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