JDM Financial Group LLC Lowers Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

JDM Financial Group LLC cut its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 34.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,053 shares of the company’s stock after selling 6,211 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 0.4% of JDM Financial Group LLC’s holdings, making the stock its 27th biggest holding. JDM Financial Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $692,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Jaffetilchin Investment Partners LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 0.6% in the third quarter. Jaffetilchin Investment Partners LLC now owns 30,388 shares of the company’s stock worth $1,745,000 after buying an additional 188 shares in the last quarter. VERITY Wealth Advisors lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.8% during the 2nd quarter. VERITY Wealth Advisors now owns 11,844 shares of the company’s stock worth $634,000 after purchasing an additional 208 shares during the last quarter. 9258 Wealth Management LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 4.7% during the second quarter. 9258 Wealth Management LLC now owns 4,691 shares of the company’s stock valued at $251,000 after purchasing an additional 209 shares in the last quarter. Transcendent Capital Group LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 57.7% in the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock valued at $41,000 after purchasing an additional 261 shares during the last quarter. Finally, Northwest Bank & Trust Co raised its holdings in iShares Core MSCI Emerging Markets ETF by 7.0% in the third quarter. Northwest Bank & Trust Co now owns 4,101 shares of the company’s stock worth $235,000 after purchasing an additional 267 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 1.9 %

Shares of IEMG stock opened at $55.96 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.33 and a 12-month high of $59.00. The business’s fifty day simple moving average is $55.91 and its 200-day simple moving average is $54.62. The company has a market cap of $82.82 billion, a PE ratio of 11.74 and a beta of 0.85.

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.