Prime Capital Investment Advisors LLC Reduces Stock Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Prime Capital Investment Advisors LLC lowered its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 21.0% during the second quarter, Holdings Channel reports. The fund owned 190,282 shares of the company’s stock after selling 50,656 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $11,423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bridges Investment Management Inc. raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.4% during the 1st quarter. Bridges Investment Management Inc. now owns 412,869 shares of the company’s stock valued at $22,283,000 after buying an additional 1,774 shares during the last quarter. Fifth Third Securities Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 2.6% during the second quarter. Fifth Third Securities Inc. now owns 57,252 shares of the company’s stock worth $3,437,000 after acquiring an additional 1,473 shares during the period. ORG Partners LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 214.7% during the second quarter. ORG Partners LLC now owns 16,479 shares of the company’s stock worth $991,000 after acquiring an additional 11,242 shares during the period. Quent Capital LLC raised its position in iShares Core MSCI Emerging Markets ETF by 9.7% during the second quarter. Quent Capital LLC now owns 814,240 shares of the company’s stock valued at $48,879,000 after acquiring an additional 71,911 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its holdings in iShares Core MSCI Emerging Markets ETF by 64.7% in the second quarter. ST Germain D J Co. Inc. now owns 4,323 shares of the company’s stock valued at $260,000 after acquiring an additional 1,699 shares during the period.

iShares Core MSCI Emerging Markets ETF Trading Up 0.3%

iShares Core MSCI Emerging Markets ETF stock opened at $66.93 on Monday. The firm has a market cap of $111.96 billion, a PE ratio of 14.65 and a beta of 0.75. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $67.13. The stock’s 50 day simple moving average is $63.22 and its two-hundred day simple moving average is $58.91.

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.