Montecito Bank & Trust Cuts Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Montecito Bank & Trust decreased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 4.4% in the fourth quarter, HoldingsChannel reports. The fund owned 14,033 shares of the company’s stock after selling 653 shares during the quarter. Montecito Bank & Trust’s holdings in iShares Core MSCI Emerging Markets ETF were worth $733,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. RiverFront Investment Group LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 407,079 shares of the company’s stock worth $21,791,000 after purchasing an additional 42,287 shares in the last quarter. First Hawaiian Bank lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 2.0% during the third quarter. First Hawaiian Bank now owns 1,150,644 shares of the company’s stock worth $66,058,000 after buying an additional 23,039 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.7% during the third quarter. Massmutual Trust Co. FSB ADV now owns 518,184 shares of the company’s stock valued at $29,749,000 after buying an additional 18,531 shares during the last quarter. NBC Securities Inc. increased its position in shares of iShares Core MSCI Emerging Markets ETF by 5.5% in the 3rd quarter. NBC Securities Inc. now owns 29,688 shares of the company’s stock valued at $1,704,000 after acquiring an additional 1,535 shares during the period. Finally, JPMorgan Chase & Co. raised its stake 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 worth $1,909,149,000 after acquiring an additional 5,631,725 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

iShares Core MSCI Emerging Markets ETF stock opened at $53.35 on Friday. The business’s 50-day simple moving average is $53.38 and its two-hundred day simple moving average is $54.45. The company has a market cap of $78.96 billion, a PE ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $48.31 and a fifty-two week high of $59.00.

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.