Brown Brothers Harriman & Co. Reduces Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Brown Brothers Harriman & Co. cut its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.7% in the third quarter, HoldingsChannel reports. The firm owned 54,745 shares of the company’s stock after selling 2,085 shares during the period. Brown Brothers Harriman & Co.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL raised its stake in iShares Core MSCI Emerging Markets ETF by 587.3% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock valued at $28,000 after purchasing an additional 417 shares during the last quarter. Western Pacific Wealth Management LP grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 631.3% in the first quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 505 shares in the last quarter. Zions Bancorporation N.A. purchased a new stake in iShares Core MSCI Emerging Markets ETF during the second quarter worth about $33,000. Kiely Wealth Advisory Group Inc. lifted its holdings in iShares Core MSCI Emerging Markets ETF by 540.6% during the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock worth $32,000 after buying an additional 519 shares in the last quarter. Finally, Family CFO Inc acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF in the third quarter valued at $40,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.1 %

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $54.26 on Tuesday. The company has a 50 day moving average of $56.20 and a 200 day moving average of $54.59. The company has a market capitalization of $80.30 billion, a P/E ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.33 and a 52-week high of $59.00.

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.