iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Position Cut by Arkadios Wealth Advisors

Arkadios Wealth Advisors trimmed its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 35,377 shares of the company’s stock after selling 2,404 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares Core MSCI Emerging Markets ETF were worth $1,847,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $25,000. Strategic Investment Solutions Inc. IL raised its stake 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 valued at $28,000 after purchasing an additional 417 shares in the last quarter. Dakota Community Bank & Trust NA raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 92.7% during the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after purchasing an additional 242 shares in the last quarter. Kiely Wealth Advisory Group Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 540.6% during the second quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock valued at $32,000 after purchasing an additional 519 shares in the last quarter. Finally, Family CFO Inc bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $40,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of NYSEARCA IEMG opened at $52.38 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.73 and a fifty-two week high of $59.00. The firm’s 50-day simple moving average is $53.51 and its 200 day simple moving average is $54.49. The stock has a market cap of $77.52 billion, a P/E ratio of 11.74 and a beta of 0.85.

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.