West Michigan Advisors LLC Cuts Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

West Michigan Advisors LLC reduced its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,369 shares of the company’s stock after selling 189 shares during the period. West Michigan Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Noble Wealth Management PBC bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter valued at approximately $365,000. SVB Wealth LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 312.5% in the fourth quarter. SVB Wealth LLC now owns 408,509 shares of the company’s stock worth $21,332,000 after purchasing an additional 309,471 shares during the period. Private Trust Co. NA boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Private Trust Co. NA now owns 39,046 shares of the company’s stock worth $2,039,000 after acquiring an additional 314 shares during the period. Sentinel Trust Co. LBA boosted its stake in iShares Core MSCI Emerging Markets ETF by 0.4% in the 4th quarter. Sentinel Trust Co. LBA now owns 307,461 shares of the company’s stock worth $16,056,000 after purchasing an additional 1,278 shares during the period. Finally, First Command Advisory Services Inc. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 15.3% during the fourth quarter. First Command Advisory Services Inc. now owns 300,883 shares of the company’s stock worth $15,712,000 after acquiring an additional 39,996 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $53.44 on Friday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $49.47 and a 1 year high of $59.00. The stock has a market capitalization of $80.16 billion, a price-to-earnings ratio of 14.18 and a beta of 0.72. The business’s 50 day simple moving average is $53.26 and its 200-day simple moving average is $54.55.

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.