Hilltop Holdings Inc. Decreases Stake in iShares Core MSCI Emerging Markets ETF $IEMG

Hilltop Holdings Inc. reduced its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 45.0% during the first quarter, HoldingsChannel reports. The firm owned 11,871 shares of the company’s stock after selling 9,708 shares during the period. Hilltop Holdings Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of IEMG. Aureus Asset Management LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 1st quarter worth about $439,000. Phillip James Consulting Co. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 1st quarter valued at about $83,000. Madison Asset Management LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 14.3% during the 1st quarter. Madison Asset Management LLC now owns 9,030 shares of the company’s stock valued at $630,000 after acquiring an additional 1,132 shares during the last quarter. JMG Financial Group Ltd. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 1.1% during the 1st quarter. JMG Financial Group Ltd. now owns 25,583 shares of the company’s stock valued at $1,784,000 after acquiring an additional 284 shares during the last quarter. Finally, Wells Financial Advisors INC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 20,540.0% in the first quarter. Wells Financial Advisors INC now owns 4,128 shares of the company’s stock worth $288,000 after acquiring an additional 4,108 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG opened at $77.05 on Monday. The firm has a 50 day moving average price of $81.26 and a 200-day moving average price of $76.47. iShares Core MSCI Emerging Markets ETF has a twelve month low of $59.67 and a twelve month high of $86.49. The stock has a market capitalization of $149.37 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72.

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.