Lowe Wealth Advisors LLC Sells 1,300 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Lowe Wealth Advisors LLC decreased its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,530 shares of the company’s stock after selling 1,300 shares during the period. Lowe Wealth Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $237,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock worth $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Retirement Investment Advisors Inc. bought a new position in iShares Core MSCI Emerging Markets ETF in the second quarter valued at about $57,724,000. Stairway Partners LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 19.4% in the third quarter. Stairway Partners LLC now owns 3,146,653 shares of the company’s stock worth $180,649,000 after purchasing an additional 510,720 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 8.5% during the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after purchasing an additional 471,879 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 25.3% during the 2nd quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock valued at $117,531,000 after purchasing an additional 442,859 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG traded down $0.93 on Friday, reaching $51.19. The company’s stock had a trading volume of 12,066,603 shares, compared to its average volume of 8,096,973. The stock’s 50 day simple moving average is $54.06 and its two-hundred day simple moving average is $54.57. The stock has a market capitalization of $75.76 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.33 and a 12-month 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.