SVB Wealth LLC Has $15.80 Million Stake in iShares Core MSCI Emerging Markets ETF $IEMG

SVB Wealth LLC reduced its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,485 shares of the company’s stock after selling 21,258 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for approximately 1.0% of SVB Wealth LLC’s portfolio, making the stock its 20th biggest holding. SVB Wealth LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $15,797,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.2% during the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after acquiring an additional 4,457,585 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Core MSCI Emerging Markets ETF by 30.9% in the 4th quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock worth $1,081,266,000 after purchasing an additional 3,795,631 shares during the last quarter. Jabodon PT Co. acquired a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $71,387,000. Captrust Financial Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after purchasing an additional 1,021,822 shares during the period. Finally, Nationwide Fund Advisors boosted its position in iShares Core MSCI Emerging Markets ETF by 27.9% during the fourth quarter. Nationwide Fund Advisors now owns 4,090,138 shares of the company’s stock worth $274,939,000 after purchasing an additional 893,391 shares during the period.

iShares Core MSCI Emerging Markets ETF Stock Up 0.4%

Shares of IEMG stock opened at $86.00 on Tuesday. iShares Core MSCI Emerging Markets ETF has a 12 month low of $57.38 and a 12 month high of $86.49. The business’s 50 day moving average is $80.63 and its two-hundred day moving average is $74.29. The company has a market cap of $166.93 billion, a PE 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.