Brown Brothers Harriman & Co. Trims Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Brown Brothers Harriman & Co. trimmed its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 54,745 shares of the company’s stock after selling 2,085 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,143,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IEMG. TIAA Trust National Association grew its position in iShares Core MSCI Emerging Markets ETF by 12.0% in the 2nd quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock worth $2,193,250,000 after purchasing an additional 4,390,144 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Core MSCI Emerging Markets ETF by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 6,296,468 shares of the company’s stock valued at $337,050,000 after buying an additional 172,596 shares during the last quarter. Stairway Partners LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 19.4% in the third quarter. Stairway Partners LLC now owns 3,146,653 shares of the company’s stock valued at $180,649,000 after purchasing an additional 510,720 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 2,724,448 shares of the company’s stock worth $145,840,000 after buying an additional 83,826 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 1.6% during the third quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock worth $128,113,000 after acquiring an additional 35,924 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 0.1 %

IEMG stock opened at $54.26 on Tuesday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.33 and a twelve month high of $59.00. The stock has a market capitalization of $80.30 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The firm’s fifty day simple moving average is $56.20 and its two-hundred day simple moving average is $54.59.

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.