Sumitomo Mitsui Trust Group Inc. Sells 8,200 Shares of iShares Core MSCI Emerging Markets ETF $IEMG

Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 1.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 527,983 shares of the company’s stock after selling 8,200 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $31,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. MN Wealth Advisors LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 65.5% during the 2nd quarter. MN Wealth Advisors LLC now owns 12,154 shares of the company’s stock valued at $730,000 after acquiring an additional 4,810 shares in the last quarter. Money Design Co. Ltd. boosted its position in iShares Core MSCI Emerging Markets ETF by 1.8% during the 2nd quarter. Money Design Co. Ltd. now owns 49,964 shares of the company’s stock valued at $2,999,000 after acquiring an additional 905 shares in the last quarter. Strategic Blueprint LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 50.8% during the 2nd quarter. Strategic Blueprint LLC now owns 259,132 shares of the company’s stock valued at $15,556,000 after acquiring an additional 87,246 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in iShares Core MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 24,215 shares of the company’s stock valued at $1,454,000 after acquiring an additional 189 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in iShares Core MSCI Emerging Markets ETF by 0.4% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,004,794 shares of the company’s stock valued at $60,308,000 after acquiring an additional 3,519 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.0%

Shares of IEMG opened at $68.77 on Wednesday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $47.29 and a 12 month high of $68.86. The stock has a fifty day moving average price of $65.15 and a 200-day moving average price of $60.64. The firm has a market cap of $115.04 billion, a PE ratio of 14.65 and a beta of 0.65.

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.