Prime Capital Investment Advisors LLC Reduces Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Prime Capital Investment Advisors LLC lessened its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 214,200 shares of the company’s stock after selling 8,543 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $12,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IEMG. TIAA Trust National Association increased its stake in iShares Core MSCI Emerging Markets ETF by 12.0% in the 2nd quarter. TIAA Trust National Association now owns 41,040,165 shares of the company’s stock worth $2,193,250,000 after buying an additional 4,390,144 shares during the period. OLD Mission Capital LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 168.2% during the first quarter. OLD Mission Capital LLC now owns 7,210,478 shares of the company’s stock worth $372,061,000 after acquiring an additional 4,521,769 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 6,296,468 shares of the company’s stock valued at $337,050,000 after acquiring an additional 172,596 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 8.0% during the first quarter. Captrust Financial Advisors now owns 4,946,158 shares of the company’s stock valued at $255,222,000 after acquiring an additional 366,603 shares in the last quarter. Finally, Stairway Partners LLC boosted its holdings in shares of 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 valued at $180,649,000 after purchasing an additional 510,720 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG traded down $0.84 during trading on Tuesday, hitting $54.56. 1,333,575 shares of the stock were exchanged, compared to its average volume of 9,744,587. The firm has a 50 day simple moving average of $56.04 and a 200 day simple moving average of $54.48. The firm has a market cap of $80.75 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1 year low of $47.33 and a 1 year high of $59.00.

iShares Core MSCI Emerging Markets ETF 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.