Tolleson Wealth Management Inc. Sells 9,560 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Tolleson Wealth Management Inc. cut its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 35.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 17,038 shares of the company’s stock after selling 9,560 shares during the period. Tolleson Wealth Management Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $890,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. TIAA Trust National Association lifted its stake in iShares Core MSCI Emerging Markets ETF by 1.2% in the fourth quarter. TIAA Trust National Association now owns 43,352,361 shares of the company’s stock valued at $2,266,543,000 after buying an additional 516,297 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI Emerging Markets ETF by 20.4% in the third 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 lifted its stake in iShares Core MSCI Emerging Markets ETF by 14.9% in the fourth quarter. Captrust Financial Advisors now owns 6,915,494 shares of the company’s stock valued at $361,128,000 after buying an additional 897,725 shares during the period. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 11.6% in the fourth quarter. Bank of New York Mellon Corp now owns 6,584,292 shares of the company’s stock valued at $343,832,000 after buying an additional 683,865 shares during the period. Finally, Valeo Financial Advisors LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 1.4% in the fourth quarter. Valeo Financial Advisors LLC now owns 2,717,734 shares of the company’s stock valued at $141,920,000 after buying an additional 37,841 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG opened at $57.31 on Friday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.29 and a 52-week high of $59.00. The business’s 50 day moving average price is $53.80 and its two-hundred day moving average price is $53.85. The firm has a market cap of $88.26 billion, a PE ratio of 14.12 and a beta of 0.64.

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.