Bruce G. Allen Investments LLC Has $401,000 Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Bruce G. Allen Investments LLC trimmed its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 56.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,685 shares of the company’s stock after selling 10,071 shares during the period. Bruce G. Allen Investments LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in IEMG. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at about $25,000. Strategic Investment Solutions Inc. IL increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 587.3% during the third quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock worth $28,000 after purchasing an additional 417 shares during the period. Kiely Wealth Advisory Group Inc. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 540.6% in the second quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock valued at $32,000 after buying an additional 519 shares during the period. Zions Bancorporation N.A. acquired a new stake in iShares Core MSCI Emerging Markets ETF during the second quarter worth approximately $33,000. Finally, Family CFO Inc bought a new position in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $40,000.

iShares Core MSCI Emerging Markets ETF Stock Down 1.8 %

Shares of NYSEARCA:IEMG traded down $0.94 during trading on Friday, reaching $51.18. 9,309,821 shares of the company traded hands, compared to its average volume of 7,944,558. The firm has a market capitalization of $75.75 billion, a PE ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.33 and a 52 week high of $59.00. The company’s 50 day moving average is $54.06 and its two-hundred day moving average is $54.57.

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.