iShares Core MSCI Emerging Markets ETF $IEMG Stake Lowered by SVB Wealth LLC

SVB Wealth LLC cut its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 9.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 298,193 shares of the company’s stock after selling 29,377 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up about 1.1% of SVB Wealth LLC’s investment portfolio, making the stock its 20th largest position. SVB Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $19,657,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in iShares Core MSCI Emerging Markets ETF by 16.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 42,710,758 shares of the company’s stock valued at $2,563,927,000 after buying an additional 5,997,621 shares during the period. Bank of New York Mellon Corp grew its position in iShares Core MSCI Emerging Markets ETF by 36.4% in the third quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock worth $810,146,000 after buying an additional 3,277,237 shares during the last quarter. Captrust Financial Advisors raised its position in shares of 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 worth $488,723,000 after purchasing an additional 587,966 shares during the period. Stairway Partners LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 0.9% during the 3rd quarter. Stairway Partners LLC now owns 3,523,665 shares of the company’s stock worth $232,280,000 after buying an additional 31,940 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 31.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,450,870 shares of the company’s stock valued at $207,354,000 after acquiring an additional 819,923 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8%

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $74.24 on Tuesday. The business has a fifty day simple moving average of $69.46 and a 200-day simple moving average of $66.57. The stock has a market cap of $141.87 billion, a PE ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $74.70.

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.