Emprise Bank Lowers Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Emprise Bank cut its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,131 shares of the company’s stock after selling 250 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises 0.8% of Emprise Bank’s investment portfolio, making the stock its 28th largest position. Emprise Bank’s holdings in iShares Core MSCI Emerging Markets ETF were worth $1,417,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mill Creek Capital Advisors LLC increased its position in shares of 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 valued at $117,531,000 after acquiring an additional 442,859 shares during the last quarter. RiverFront Investment Group LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 11.6% during the second quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock valued at $21,791,000 after acquiring an additional 42,287 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the second quarter valued at approximately $33,000. Massmutual Trust Co. FSB ADV increased its position in shares of iShares Core MSCI Emerging Markets ETF by 3.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 518,184 shares of the company’s stock valued at $29,749,000 after acquiring an additional 18,531 shares during the last quarter. Finally, First Hawaiian Bank increased its position in shares of iShares Core MSCI Emerging Markets ETF by 2.0% during the third quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock valued at $66,058,000 after acquiring an additional 23,039 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.9 %

Shares of IEMG traded down $0.47 on Monday, reaching $50.72. 3,438,943 shares of the company’s stock traded hands, compared to its average volume of 7,823,285. The stock’s 50 day simple moving average is $53.97 and its two-hundred day simple moving average is $54.57. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.33 and a 52-week high of $59.00. The stock has a market cap of $75.07 billion, a PE ratio of 11.74 and a beta of 0.85.

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.