Financial Management Professionals Inc. Decreases Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Financial Management Professionals Inc. lessened its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 27.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 328,811 shares of the company’s stock after selling 122,708 shares during the period. iShares Core MSCI Emerging Markets ETF makes up approximately 2.2% of Financial Management Professionals Inc.’s portfolio, making the stock its 16th largest position. Financial Management Professionals Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $17,170,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in iShares Core MSCI Emerging Markets ETF by 20.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after buying an additional 5,631,725 shares during the period. Captrust Financial Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 8.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after buying an additional 471,879 shares during the period. Stairway Partners LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 9.2% in the 4th quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock valued at $179,364,000 after buying an additional 288,131 shares during the period. Mill Creek Capital Advisors LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 1.6% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock valued at $128,113,000 after buying an additional 35,924 shares during the period. Finally, First Hawaiian Bank boosted its position in iShares Core MSCI Emerging Markets ETF by 2.0% in the 3rd quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock valued at $66,058,000 after buying an additional 23,039 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8 %

Shares of IEMG stock opened at $52.38 on Friday. iShares Core MSCI Emerging Markets ETF has a 52 week low of $47.73 and a 52 week high of $59.00. The stock has a market capitalization of $77.52 billion, a PE ratio of 11.74 and a beta of 0.85. The firm has a 50 day moving average of $53.51 and a two-hundred day moving average of $54.49.

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.