MAI Capital Management Sells 1,340 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

MAI Capital Management trimmed its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,480,588 shares of the company’s stock after selling 1,340 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up 0.8% of MAI Capital Management’s investment portfolio, making the stock its 28th largest position. MAI Capital Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $85,001,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in IEMG. OLD Mission Capital LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 168.2% during the 1st quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock valued at $372,061,000 after purchasing an additional 4,521,769 shares during the last quarter. TIAA Trust National Association raised its position in shares of iShares Core MSCI Emerging Markets ETF by 12.0% during the second quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock valued at $2,193,250,000 after buying an additional 4,390,144 shares during the last quarter. Retirement Investment Advisors Inc. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the second quarter valued at about $57,724,000. Flow Traders U.S. LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the first quarter worth about $35,886,000. Finally, Stairway Partners LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Stairway Partners LLC now owns 3,146,653 shares of the company’s stock valued at $180,649,000 after acquiring an additional 510,720 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG opened at $53.74 on Monday. The firm’s fifty day moving average price is $56.10 and its two-hundred day moving average price is $54.54. The company has a market capitalization of $79.54 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $47.33 and a fifty-two week 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.