West Michigan Advisors LLC Decreases Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

West Michigan Advisors LLC lowered its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,369 shares of the company’s stock after selling 189 shares during the quarter. West Michigan Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $228,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of iShares Core MSCI Emerging Markets ETF by 20.4% in the third quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after buying an additional 5,631,725 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Core MSCI Emerging Markets ETF by 11.6% during the 4th quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock worth $343,832,000 after purchasing an additional 683,865 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock worth $345,482,000 after acquiring an additional 471,879 shares during the last quarter. Strategic Investment Management LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 139.6% during the fourth quarter. Strategic Investment Management LLC now owns 635,003 shares of the company’s stock worth $33,160,000 after purchasing an additional 369,950 shares in the last quarter. Finally, Citizens & Northern Corp acquired a new position in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at about $18,363,000.

iShares Core MSCI Emerging Markets ETF Trading Down 1.3 %

NYSEARCA:IEMG opened at $53.44 on Friday. The firm has a market cap of $80.16 billion, a PE ratio of 14.18 and a beta of 0.72. The stock has a fifty day moving average price of $53.26 and a 200 day moving average price of $54.55. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 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.