Turim 21 Investimentos Ltda. decreased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report) by 96.8% during the 1st quarter, HoldingsChannel reports. The fund owned 6,891 shares of the company’s stock after selling 211,429 shares during the period. iShares Core MSCI Emerging Markets ETF comprises approximately 0.1% of Turim 21 Investimentos Ltda.’s portfolio, making the stock its 29th biggest holding. Turim 21 Investimentos Ltda.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $481,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $25,000. Modus Advisors LLC bought a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at $28,000. Archer Investment Corp boosted its holdings in iShares Core MSCI Emerging Markets ETF by 148.1% in the 1st quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after purchasing an additional 274 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth $35,000. Finally, Provenance Wealth Advisors LLC grew its position in iShares Core MSCI Emerging Markets ETF by 278.9% in the 1st quarter. Provenance Wealth Advisors LLC now owns 504 shares of the company’s stock worth $35,000 after purchasing an additional 371 shares during the last quarter.
iShares Core MSCI Emerging Markets ETF Stock Performance
NYSEARCA:IEMG opened at $77.05 on Monday. The firm’s 50-day moving average is $81.26 and its 200-day moving average is $76.47. iShares Core MSCI Emerging Markets ETF has a 52-week low of $59.67 and a 52-week high of $86.49. The company has a market cap of $149.37 billion, a price-to-earnings ratio of 14.65 and a beta of 0.72.
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.
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Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Free Report).
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