iA Global Asset Management Inc. Cuts Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

iA Global Asset Management Inc. lowered its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 9.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 332,385 shares of the company’s stock after selling 34,972 shares during the period. iA Global Asset Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $17,793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IEMG. TIAA Trust National Association lifted its holdings in iShares Core MSCI Emerging Markets ETF by 9.4% during the first quarter. TIAA Trust National Association now owns 36,650,021 shares of the company’s stock worth $1,891,141,000 after acquiring an additional 3,158,974 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.5% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 7,924,815 shares of the company’s stock worth $408,920,000 after purchasing an additional 40,387 shares during the period. OLD Mission Capital LLC boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 168.2% in the 1st quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock worth $372,061,000 after buying an additional 4,521,769 shares during the last quarter. Bank of New York Mellon Corp grew its position in iShares Core MSCI Emerging Markets ETF by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 6,296,468 shares of the company’s stock valued at $337,050,000 after buying an additional 172,596 shares during the period. Finally, Captrust Financial Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 8.0% during the first quarter. Captrust Financial Advisors now owns 4,946,158 shares of the company’s stock worth $255,222,000 after buying an additional 366,603 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG traded up $0.14 during midday trading on Friday, reaching $54.46. The company had a trading volume of 12,113,877 shares, compared to its average volume of 9,453,533. iShares Core MSCI Emerging Markets ETF has a 12-month low of $45.57 and a 12-month high of $55.99. The business has a 50-day moving average price of $53.82 and a two-hundred day moving average price of $52.67. The stock has a market cap of $80.60 billion, a PE ratio of 11.74 and a beta of 0.85.

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.