Hanson & Doremus Investment Management Cuts Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Hanson & Doremus Investment Management lessened its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,263 shares of the company’s stock after selling 606 shares during the quarter. Hanson & Doremus Investment Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $327,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IEMG. RiverFront Investment Group LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock worth $21,791,000 after purchasing an additional 42,287 shares in the last quarter. Lazari Capital Management Inc. acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the second quarter worth $523,000. Emprise Bank grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 24.4% during the third quarter. Emprise Bank now owns 27,381 shares of the company’s stock valued at $1,572,000 after buying an additional 5,375 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its position in shares of iShares Core MSCI Emerging Markets ETF by 3.7% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 518,184 shares of the company’s stock valued at $29,749,000 after acquiring an additional 18,531 shares during the period. Finally, Trust Co of the South purchased a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth $317,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

iShares Core MSCI Emerging Markets ETF stock opened at $52.80 on Thursday. The business’s 50-day simple moving average is $53.30 and its two-hundred day simple moving average is $54.39. The company has a market cap of $78.14 billion, a PE ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $48.31 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.