Lowe Wealth Advisors LLC Sells 1,300 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Lowe Wealth Advisors LLC reduced its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,530 shares of the company’s stock after selling 1,300 shares during the period. Lowe Wealth Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $237,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IEMG. Highline Wealth Partners LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 5.9% in the fourth quarter. Highline Wealth Partners LLC now owns 100,417 shares of the company’s stock worth $5,244,000 after purchasing an additional 5,608 shares during the period. ORG Partners LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 5.2% in the 4th quarter. ORG Partners LLC now owns 159,804 shares of the company’s stock worth $8,346,000 after buying an additional 7,859 shares during the period. Fortitude Family Office LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 19.7% in the 4th quarter. Fortitude Family Office LLC now owns 102,091 shares of the company’s stock worth $5,331,000 after buying an additional 16,780 shares in the last quarter. First County Bank CT raised its holdings in iShares Core MSCI Emerging Markets ETF by 7.3% during the fourth quarter. First County Bank CT now owns 15,848 shares of the company’s stock valued at $828,000 after acquiring an additional 1,075 shares during the period. Finally, Horizons Wealth Management lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 73.3% in the fourth quarter. Horizons Wealth Management now owns 2,386 shares of the company’s stock valued at $125,000 after acquiring an additional 1,009 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG traded down $0.93 during trading on Friday, hitting $51.19. 12,066,603 shares of the company’s stock were exchanged, compared to its average volume of 8,096,973. The business’s 50-day simple moving average is $54.06 and its 200 day simple moving average is $54.57. The company has a market cap of $75.76 billion, a price-to-earnings 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.

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.