AdvisorNet Financial Inc Has $2.33 Million Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

AdvisorNet Financial Inc reduced its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 25.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,705 shares of the company’s stock after selling 15,293 shares during the quarter. AdvisorNet Financial Inc’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,334,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Zions Bancorporation N.A. acquired a new position in iShares Core MSCI Emerging Markets ETF in the second quarter worth $33,000. Rathbones Group PLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 12.1% in the second quarter. Rathbones Group PLC now owns 27,560 shares of the company’s stock valued at $1,475,000 after buying an additional 2,975 shares during the last quarter. City of London Investment Management Co. Ltd. acquired a new position in iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth about $5,691,000. Waterloo Capital L.P. grew its holdings in iShares Core MSCI Emerging Markets ETF by 588.2% during the 2nd quarter. Waterloo Capital L.P. now owns 116,498 shares of the company’s stock worth $6,236,000 after acquiring an additional 99,571 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its position in iShares Core MSCI Emerging Markets ETF by 0.9% in the 2nd quarter. Richardson Financial Services Inc. now owns 41,059 shares of the company’s stock valued at $2,198,000 after acquiring an additional 351 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.7 %

Shares of IEMG stock opened at $50.83 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.33 and a 1 year high of $59.00. The firm’s 50 day moving average is $53.86 and its 200-day moving average is $54.55. The firm has a market capitalization of $75.23 billion, a price-to-earnings 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.