JDM Financial Group LLC Sells 269 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

JDM Financial Group LLC lessened its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,205 shares of the company’s stock after selling 269 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 0.7% of JDM Financial Group LLC’s portfolio, making the stock its 18th biggest holding. JDM Financial Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $939,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of IEMG. Anchor Investment Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $85,000. Central Bank & Trust Co. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $39,000. Bruce G. Allen Investments LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $947,000. City Holding Co. raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 9.1% in the 4th quarter. City Holding Co. now owns 5,564 shares of the company’s stock worth $281,000 after purchasing an additional 464 shares during the period. Finally, Orrstown Financial Services Inc. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $1,031,000.

iShares Core MSCI Emerging Markets ETF Trading Down 0.9 %

Shares of NYSEARCA:IEMG traded down $0.52 during mid-day trading on Thursday, reaching $54.19. The company had a trading volume of 5,024,388 shares, compared to its average volume of 9,858,030. iShares Core MSCI Emerging Markets ETF has a one year low of $45.57 and a one year high of $55.99. The firm has a market cap of $80.19 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The company’s 50-day moving average price is $53.93 and its 200-day moving average price is $51.77.

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.