Syon Capital LLC Sells 16,775 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Syon Capital LLC lessened its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 648,044 shares of the company’s stock after selling 16,775 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises about 2.3% of Syon Capital LLC’s investment portfolio, making the stock its 5th largest position. Syon Capital LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $53,684,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Vista Capital Partners Inc. raised its position in shares of iShares Core MSCI Emerging Markets ETF by 42.9% during the 2nd quarter. Vista Capital Partners Inc. now owns 7,176 shares of the company’s stock valued at $431,000 after acquiring an additional 2,153 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 31.2% during the second quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock worth $207,354,000 after purchasing an additional 819,923 shares during the last quarter. Monograph Wealth Advisors LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the second quarter worth $210,000. Redwood Investment Management LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 246.4% in the second quarter. Redwood Investment Management LLC now owns 36,597 shares of the company’s stock worth $2,197,000 after purchasing an additional 26,032 shares during the period. Finally, Captrust Financial Advisors increased its stake in iShares Core MSCI Emerging Markets ETF by 7.8% during the second quarter. Captrust Financial Advisors now owns 8,141,336 shares of the company’s stock valued at $488,723,000 after purchasing an additional 587,966 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $82.29 on Friday. The stock has a market capitalization of $160.42 billion, a price-to-earnings ratio of 14.65 and a beta of 0.73. iShares Core MSCI Emerging Markets ETF has a 1-year low of $61.68 and a 1-year high of $86.49. The company’s fifty day moving average is $79.95 and its two-hundred day moving average is $78.07.

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.