Salomon & Ludwin LLC Trims Stock Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Salomon & Ludwin LLC cut its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 124,827 shares of the company’s stock after selling 2,729 shares during the period. Salomon & Ludwin LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $6,518,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Jaffetilchin Investment Partners LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 0.6% during the third quarter. Jaffetilchin Investment Partners LLC now owns 30,388 shares of the company’s stock valued at $1,745,000 after acquiring an additional 188 shares during the last quarter. Bogart Wealth LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 3.2% in the 4th quarter. Bogart Wealth LLC now owns 6,520 shares of the company’s stock valued at $340,000 after acquiring an additional 200 shares during the last quarter. Barrett & Company Inc. boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 8.9% in the fourth quarter. Barrett & Company Inc. now owns 2,769 shares of the company’s stock worth $145,000 after acquiring an additional 226 shares during the last quarter. Dakota Community Bank & Trust NA grew its holdings in iShares Core MSCI Emerging Markets ETF by 92.7% in the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock valued at $26,000 after purchasing an additional 242 shares during the period. Finally, Transcendent Capital Group LLC increased its position in iShares Core MSCI Emerging Markets ETF by 57.7% during the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after purchasing an additional 261 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 0.7 %

Shares of IEMG opened at $54.94 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $49.47 and a fifty-two week high of $59.00. The company’s fifty day moving average is $53.13 and its two-hundred day moving average is $54.35. The firm has a market cap of $81.31 billion, a PE ratio of 11.74 and a beta of 0.85.

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.