Webster Bank N. A. Decreases Stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Webster Bank N. A. lowered its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 143,221 shares of the company’s stock after selling 2,165 shares during the period. Webster Bank N. A.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $7,390,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $28,000. Covestor Ltd increased its holdings in iShares Core MSCI Emerging Markets ETF by 813.0% in the third quarter. Covestor Ltd now owns 703 shares of the company’s stock valued at $33,000 after buying an additional 626 shares in the last quarter. Central Bank & Trust Co. purchased a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $39,000. GW&K Investment Management LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 34.8% in the fourth quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock valued at $41,000 after buying an additional 209 shares in the last quarter. Finally, Vima LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $52,000.

iShares Core MSCI Emerging Markets ETF Stock Up 0.2 %

Shares of NYSEARCA IEMG traded up $0.13 during trading on Friday, hitting $53.53. The company had a trading volume of 7,628,201 shares, compared to its average volume of 10,129,949. The stock has a fifty day simple moving average of $53.20 and a two-hundred day simple moving average of $51.30. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $45.57 and a fifty-two week high of $55.03. The firm has a market capitalization of $79.22 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

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.