iShares Core MSCI Emerging Markets ETF $IEMG Position Reduced by Wealthquest Corp

Wealthquest Corp trimmed its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.9% in the third quarter, HoldingsChannel.com reports. The firm owned 245,149 shares of the company’s stock after selling 9,964 shares during the quarter. iShares Core MSCI Emerging Markets ETF comprises approximately 1.3% of Wealthquest Corp’s investment portfolio, making the stock its 16th biggest holding. Wealthquest Corp’s holdings in iShares Core MSCI Emerging Markets ETF were worth $16,160,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth $32,000. Your Advocates Ltd. LLP acquired a new position in iShares Core MSCI Emerging Markets ETF during the third quarter worth about $36,000. First Horizon Corp bought a new stake in iShares Core MSCI Emerging Markets ETF in the third quarter worth about $41,000. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares Core MSCI Emerging Markets ETF in the 3rd quarter valued at about $44,000. Finally, MeadowBrook Investment Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 2nd quarter valued at about $62,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $73.67 on Friday. The firm’s 50 day moving average is $69.32 and its 200-day moving average is $66.42. iShares Core MSCI Emerging Markets ETF has a 12-month low of $47.29 and a 12-month high of $74.70. The stock has a market capitalization of $140.78 billion, a P/E ratio of 14.65 and a beta of 0.65.

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.