Essex Savings Bank Trims Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Essex Savings Bank lowered its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,164 shares of the company’s stock after selling 357 shares during the period. Essex Savings Bank’s holdings in iShares Core MSCI Emerging Markets ETF were worth $844,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.5% during the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after acquiring an additional 471,879 shares during the period. Stairway Partners LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.2% during the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock worth $179,364,000 after acquiring an additional 288,131 shares during the period. Mill Creek Capital Advisors LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 1.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock valued at $128,113,000 after purchasing an additional 35,924 shares during the period. Finally, First Hawaiian Bank grew its holdings in iShares Core MSCI Emerging Markets ETF by 2.0% in the third quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock valued at $66,058,000 after purchasing an additional 23,039 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Up 1.2 %

Shares of IEMG opened at $52.01 on Thursday. The firm has a market cap of $76.97 billion, a PE ratio of 11.74 and a beta of 0.85. The company’s fifty day moving average is $53.76 and its two-hundred day moving average is $54.54. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.33 and a fifty-two week high of $59.00.

iShares Core MSCI Emerging Markets ETF 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.