King Wealth Management Group Sells 2,465 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

King Wealth Management Group cut its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,285 shares of the company’s stock after selling 2,465 shares during the period. King Wealth Management Group’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,305,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wintrust Investments LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 107.4% during the 4th quarter. Wintrust Investments LLC now owns 1,632 shares of the company’s stock worth $85,000 after buying an additional 845 shares during the period. Great Lakes Advisors LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 1.3% in the fourth quarter. Great Lakes Advisors LLC now owns 151,471 shares of the company’s stock valued at $7,910,000 after acquiring an additional 1,907 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.6% in the fourth quarter. Farther Finance Advisors LLC now owns 231,760 shares of the company’s stock worth $12,103,000 after acquiring an additional 7,954 shares in the last quarter. Hollencrest Capital Management raised its position in shares of iShares Core MSCI Emerging Markets ETF by 4.2% during the fourth quarter. Hollencrest Capital Management now owns 53,951 shares of the company’s stock worth $2,817,000 after purchasing an additional 2,174 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 33.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 12,365 shares of the company’s stock valued at $646,000 after purchasing an additional 3,095 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

NYSEARCA IEMG opened at $54.05 on Friday. The stock has a market cap of $81.08 billion, a price-to-earnings ratio of 14.18 and a beta of 0.72. The business has a 50 day simple moving average of $53.52 and a 200 day simple moving average of $54.53. iShares Core MSCI Emerging Markets ETF has a 52-week low of $49.47 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.