iShares Core MSCI Emerging Markets ETF $IEMG is Venturi Wealth Management LLC’s 3rd Largest Position

Venturi Wealth Management LLC lowered its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 29.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,223,763 shares of the company’s stock after selling 520,919 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for 3.8% of Venturi Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Venturi Wealth Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $85,357,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First United Bank & Trust grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 61.0% during the 1st quarter. First United Bank & Trust now owns 111,469 shares of the company’s stock valued at $7,775,000 after acquiring an additional 42,223 shares during the period. Payne Capital LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the 1st quarter worth approximately $1,557,000. Fiduciary Alliance LLC raised its stake in iShares Core MSCI Emerging Markets ETF by 14.2% during the 1st quarter. Fiduciary Alliance LLC now owns 11,260 shares of the company’s stock worth $859,000 after acquiring an additional 1,397 shares during the period. Fifth Third Wealth Advisors LLC lifted its holdings in iShares Core MSCI Emerging Markets ETF by 13.3% during the first quarter. Fifth Third Wealth Advisors LLC now owns 498,925 shares of the company’s stock valued at $34,800,000 after purchasing an additional 58,594 shares in the last quarter. Finally, Provenance Wealth Advisors LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 278.9% in the first 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 period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA IEMG opened at $81.30 on Friday. The stock has a market cap of $157.80 billion, a PE ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a 1 year low of $59.57 and a 1 year high of $86.49. The firm has a fifty day moving average price of $81.12 and a 200-day moving average price of $74.64.

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.