Rise Advisors LLC Lowers Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Rise Advisors LLC decreased its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 9.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,954 shares of the company’s stock after selling 591 shares during the period. Rise Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $293,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEMG. 9258 Wealth Management LLC grew its position in iShares Core MSCI Emerging Markets ETF by 8.2% during the 1st quarter. 9258 Wealth Management LLC now owns 7,231 shares of the company’s stock worth $353,000 after purchasing an additional 548 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its position in iShares Core MSCI Emerging Markets ETF by 569.6% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 750 shares of the company’s stock valued at $37,000 after buying an additional 638 shares during the period. Creative Financial Designs Inc. ADV raised its position in shares of iShares Core MSCI Emerging Markets ETF by 180.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 22,329 shares of the company’s stock worth $1,089,000 after acquiring an additional 14,370 shares during the period. Rex Capital Advisors LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth about $10,890,000. Finally, Baystate Wealth Management LLC grew its position in shares of iShares Core MSCI Emerging Markets ETF by 120.9% during the 1st quarter. Baystate Wealth Management LLC now owns 7,805 shares of the company’s stock valued at $381,000 after acquiring an additional 4,272 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

NYSEARCA IEMG traded down $0.20 on Friday, hitting $49.09. The company had a trading volume of 9,433,091 shares, compared to its average volume of 11,852,077. iShares Core MSCI Emerging Markets ETF has a 12-month low of $41.44 and a 12-month high of $52.30. The company’s fifty day moving average price is $49.80 and its 200-day moving average price is $49.00. The company has a market capitalization of $71.18 billion, a PE ratio of 12.26 and a beta of 0.75.

About iShares Core MSCI Emerging Markets ETF

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.