Copia Wealth Management Decreases Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Copia Wealth Management lowered its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 42.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 593 shares of the company’s stock after selling 445 shares during the period. Copia Wealth Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $32,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IEMG. Janney Montgomery Scott LLC lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 41.0% during the first quarter. Janney Montgomery Scott LLC now owns 1,810,446 shares of the company’s stock worth $97,710,000 after purchasing an additional 526,027 shares during the last quarter. Missouri Trust & Investment Co raised its stake in iShares Core MSCI Emerging Markets ETF by 4.7% during the first quarter. Missouri Trust & Investment Co now owns 136,868 shares of the company’s stock valued at $7,387,000 after buying an additional 6,144 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 52.0% during the first quarter. Twin Peaks Wealth Advisors LLC now owns 42,797 shares of the company’s stock valued at $2,230,000 after buying an additional 14,635 shares in the last quarter. Parkside Investments LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 36.9% during the 1st quarter. Parkside Investments LLC now owns 476,583 shares of the company’s stock worth $25,721,000 after buying an additional 128,585 shares during the last quarter. Finally, Fortitude Family Office LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 27.7% during the 1st quarter. Fortitude Family Office LLC now owns 130,353 shares of the company’s stock worth $7,035,000 after buying an additional 28,262 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 1.3%

IEMG stock opened at $57.91 on Wednesday. The stock’s 50 day simple moving average is $55.77 and its 200 day simple moving average is $54.32. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $59.77. The firm has a market cap of $89.18 billion, a P/E ratio of 14.12 and a beta of 0.64.

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.