Valeo Financial Advisors LLC Has $196.97 Million Position in iShares Core MSCI Emerging Markets ETF $IEMG

Valeo Financial Advisors LLC cut its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,930,230 shares of the company’s stock after selling 31,742 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for about 4.3% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Valeo Financial Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $196,970,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Cahill Financial Advisors Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.9% in the third quarter. Cahill Financial Advisors Inc. now owns 18,585 shares of the company’s stock worth $1,225,000 after acquiring an additional 164 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 17,957 shares of the company’s stock worth $1,207,000 after acquiring an additional 170 shares during the last quarter. TOWER TRUST & INVESTMENT Co raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.6% in the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 5,706 shares of the company’s stock worth $384,000 after acquiring an additional 199 shares during the last quarter. Spinnaker Trust raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.8% in the third quarter. Spinnaker Trust now owns 26,351 shares of the company’s stock worth $1,737,000 after acquiring an additional 200 shares during the last quarter. Finally, Dunhill Financial LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 5.0% in the third quarter. Dunhill Financial LLC now owns 4,357 shares of the company’s stock worth $287,000 after acquiring an additional 206 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA IEMG opened at $83.01 on Monday. iShares Core MSCI Emerging Markets ETF has a 1-year low of $55.44 and a 1-year high of $83.02. The company has a market cap of $161.12 billion, a PE ratio of 14.65 and a beta of 0.71. The company has a 50-day moving average of $73.62 and a two-hundred day moving average of $70.95.

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.