Indiana Trust & Investment Management CO Decreases Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Indiana Trust & Investment Management CO reduced its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 34.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,726 shares of the company’s stock after selling 926 shares during the period. Indiana Trust & Investment Management CO’s holdings in iShares Core MSCI Emerging Markets ETF were worth $92,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEMG. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Western Pacific Wealth Management LP grew its holdings in iShares Core MSCI Emerging Markets ETF by 631.3% during the 1st quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 505 shares during the last quarter. Olistico Wealth LLC purchased a new position in iShares Core MSCI Emerging Markets ETF during the second quarter worth $40,000. GW&K Investment Management LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 34.8% in the fourth quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock worth $41,000 after acquiring an additional 209 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the second quarter worth $41,000.

iShares Core MSCI Emerging Markets ETF Stock Up 2.2 %

Shares of IEMG traded up $1.14 during trading hours on Thursday, reaching $52.49. 6,348,420 shares of the company traded hands, compared to its average volume of 9,697,780. The stock has a market capitalization of $77.68 billion, a PE ratio of 11.74 and a beta of 0.85. The stock has a fifty day simple moving average of $53.55 and a 200 day simple moving average of $52.13. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $45.57 and a fifty-two week high of $55.99.

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.