King Wealth Management Group Sells 2,465 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

King Wealth Management Group cut its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,285 shares of the company’s stock after selling 2,465 shares during the quarter. King Wealth Management Group’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth about $25,000. Dakota Community Bank & Trust NA raised its stake in iShares Core MSCI Emerging Markets ETF by 92.7% during the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after buying an additional 242 shares during the last quarter. Kentucky Trust Co bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. NewSquare Capital LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. Finally, PSI Advisors LLC raised its holdings in shares of iShares Core MSCI Emerging Markets ETF by 165.8% during the fourth quarter. PSI Advisors LLC now owns 877 shares of the company’s stock valued at $46,000 after purchasing an additional 547 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Down 0.5 %

Shares of IEMG opened at $54.05 on Friday. The business’s fifty day moving average is $53.52 and its 200 day moving average is $54.53. iShares Core MSCI Emerging Markets ETF has a 12-month low of $49.47 and a 12-month high of $59.00. The stock has a market cap of $81.08 billion, a P/E ratio of 14.18 and a beta of 0.72.

iShares Core MSCI Emerging Markets ETF Company 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.