Sumitomo Mitsui Trust Group Inc. decreased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 4.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,410 shares of the company’s stock after selling 20,573 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $31,823,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of IEMG. Cloud Capital Management LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at about $32,000. Your Advocates Ltd. LLP bought a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $36,000. First Horizon Corp acquired a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth approximately $41,000. Steigerwald Gordon & Koch Inc. acquired a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth approximately $44,000. Finally, Holos Integrated Wealth LLC acquired a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth approximately $52,000.
iShares Core MSCI Emerging Markets ETF Stock Up 0.5%
Shares of NYSEARCA IEMG opened at $76.64 on Friday. The business’s 50 day moving average price is $72.74 and its two-hundred day moving average price is $69.80. The company has a market cap of $148.76 billion, a PE ratio of 14.65 and a beta of 0.66. iShares Core MSCI Emerging Markets ETF has a twelve month low of $51.60 and a twelve month high of $77.68.
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.
Further Reading
Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report).
Receive News & Ratings for iShares Core MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
