ST Germain D J Co. Inc. Decreases Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

ST Germain D J Co. Inc. reduced its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 47.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 114,985 shares of the company’s stock after selling 103,644 shares during the period. ST Germain D J Co. Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $6,005,000 at the end of the most recent reporting period.

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

iShares Core MSCI Emerging Markets ETF Stock Performance

IEMG stock traded down $0.94 during trading on Friday, hitting $51.18. The stock had a trading volume of 3,816,853 shares, compared to its average volume of 7,078,418. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.33 and a 1-year high of $59.00. The stock has a market cap of $75.75 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The company’s 50 day moving average price is $54.06 and its two-hundred day moving average price is $54.57.

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.