Main Management ETF Advisors LLC Cuts Position in iShares Core MSCI Emerging Markets ETF $IEMG

Main Management ETF Advisors LLC trimmed its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,680 shares of the company’s stock after selling 2,190 shares during the period. iShares Core MSCI Emerging Markets ETF makes up approximately 0.9% of Main Management ETF Advisors LLC’s holdings, making the stock its 12th biggest holding. Main Management ETF Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $22,612,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Next Capital Management LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 7.3% during the first quarter. Next Capital Management LLC now owns 74,106 shares of the company’s stock valued at $3,999,000 after purchasing an additional 5,034 shares during the last quarter. Tufton Capital Management increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 3.1% in the 1st quarter. Tufton Capital Management now owns 11,280 shares of the company’s stock worth $609,000 after buying an additional 335 shares during the last quarter. Portland Global Advisors LLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 0.9% during the 1st quarter. Portland Global Advisors LLC now owns 245,150 shares of the company’s stock valued at $13,231,000 after buying an additional 2,269 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 186.0% in the 1st quarter. Arkadios Wealth Advisors now owns 101,175 shares of the company’s stock valued at $5,460,000 after acquiring an additional 65,798 shares during the last quarter. Finally, Dearborn Partners LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the 1st quarter valued at about $252,000.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $66.50 on Thursday. The business’s 50 day moving average is $66.87 and its two-hundred day moving average is $62.30. iShares Core MSCI Emerging Markets ETF has a 1-year low of $47.29 and a 1-year high of $69.46. The stock has a market capitalization of $111.76 billion, a P/E 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.