Wells Financial Advisors INC Reduces Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Wells Financial Advisors INC reduced its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 43.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 815 shares of the company’s stock after selling 622 shares during the quarter. Wells Financial Advisors INC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $43,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth about $25,000. Dakota Community Bank & Trust NA grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 92.7% in the 4th 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 during the last quarter. Kentucky Trust Co acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $28,000. NewSquare Capital LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Finally, OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth approximately $36,000.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA:IEMG opened at $55.16 on Wednesday. The firm has a market cap of $84.39 billion, a price-to-earnings ratio of 14.82 and a beta of 0.74. The firm’s fifty day moving average price is $54.08 and its 200 day moving average price is $54.62. iShares Core MSCI Emerging Markets ETF has a 1-year low of $49.47 and a 1-year high of $59.00.

iShares Core MSCI Emerging Markets ETF Company 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.