Hollencrest Capital Management Has $2.97 Million Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Hollencrest Capital Management trimmed its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 51,777 shares of the company’s stock after selling 308 shares during the period. Hollencrest Capital Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in IEMG. Lynx Investment Advisory bought a new position in iShares Core MSCI Emerging Markets ETF in the second quarter worth $148,000. First Merchants Corp lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 2.2% during the 2nd quarter. First Merchants Corp now owns 64,729 shares of the company’s stock worth $3,465,000 after acquiring an additional 1,406 shares during the period. Great Lakes Advisors LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 6.1% during the 2nd quarter. Great Lakes Advisors LLC now owns 153,220 shares of the company’s stock valued at $8,202,000 after acquiring an additional 8,776 shares in the last quarter. Mill Creek Capital Advisors LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 25.3% in the second quarter. Mill Creek Capital Advisors LLC now owns 2,195,615 shares of the company’s stock valued at $117,531,000 after acquiring an additional 442,859 shares during the period. Finally, RiverFront Investment Group LLC increased its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the second quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock valued at $21,791,000 after acquiring an additional 42,287 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 2.5 %

IEMG traded down $1.42 during midday trading on Friday, reaching $55.80. 5,384,838 shares of the company’s stock were exchanged, compared to its average volume of 9,758,377. The business has a 50-day simple moving average of $55.94 and a two-hundred day simple moving average of $54.35. The firm has a market capitalization of $82.58 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a one year low of $47.33 and a one year 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.