iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. reduced its position in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 560,283 shares of the company’s stock after selling 48,854 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $29,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IEMG. JPMorgan Chase & Co. boosted its stake in shares of 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 worth $1,909,149,000 after acquiring an additional 5,631,725 shares during the period. Captrust Financial Advisors lifted its holdings in iShares Core MSCI Emerging Markets ETF by 8.5% in the third quarter. Captrust Financial Advisors now owns 6,017,769 shares of the company’s stock valued at $345,482,000 after acquiring an additional 471,879 shares during the last quarter. Stairway Partners LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 9.2% during the fourth quarter. Stairway Partners LLC now owns 3,434,784 shares of the company’s stock worth $179,364,000 after purchasing an additional 288,131 shares in the last quarter. Nationwide Fund Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 2.4% in the fourth quarter. Nationwide Fund Advisors now owns 2,659,512 shares of the company’s stock valued at $138,880,000 after buying an additional 62,284 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 1.6% in the third quarter. Mill Creek Capital Advisors LLC now owns 2,231,539 shares of the company’s stock valued at $128,113,000 after buying an additional 35,924 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of IEMG opened at $53.97 on Wednesday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $49.05 and a fifty-two week high of $59.00. The company has a market capitalization of $79.88 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. The firm has a 50-day simple moving average of $53.16 and a 200-day simple moving average of $54.34.

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.