Janney Montgomery Scott LLC Trims Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Janney Montgomery Scott LLC cut its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 25.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,226,704 shares of the company’s stock after selling 423,808 shares during the period. Janney Montgomery Scott LLC owned about 0.08% of iShares Core MSCI Emerging Markets ETF worth $70,425,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 587.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock worth $28,000 after buying an additional 417 shares during the period. Western Pacific Wealth Management LP increased its holdings in iShares Core MSCI Emerging Markets ETF by 631.3% in the 1st quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock worth $30,000 after acquiring an additional 505 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in iShares Core MSCI Emerging Markets ETF during the 2nd quarter worth approximately $33,000. Kiely Wealth Advisory Group Inc. lifted its holdings in 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 position in shares of iShares Core MSCI Emerging Markets ETF in the third quarter worth approximately $40,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $55.76 on Friday. The stock has a market cap of $82.52 billion, a PE ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1 year low of $46.94 and a 1 year high of $59.00. The firm has a fifty day moving average price of $55.83 and a 200-day moving average price of $54.22.

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.