iShares Core MSCI Emerging Markets ETF $IEMG Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 7.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 401,284 shares of the company’s stock after selling 30,180 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $32,568,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IEMG. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 29.5% in the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after buying an additional 4,743,399 shares during the last quarter. Nationwide Fund Advisors increased its holdings in iShares Core MSCI Emerging Markets ETF by 34.9% during the third quarter. Nationwide Fund Advisors now owns 3,368,516 shares of the company’s stock worth $273,389,000 after buying an additional 871,652 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in iShares Core MSCI Emerging Markets ETF by 3.4% during the third quarter. Valeo Financial Advisors LLC now owns 3,171,483 shares of the company’s stock worth $248,929,000 after buying an additional 103,653 shares during the last quarter. Stairway Partners LLC raised its position in iShares Core MSCI Emerging Markets ETF by 3.0% during the third quarter. Stairway Partners LLC now owns 2,557,560 shares of the company’s stock worth $207,572,000 after acquiring an additional 75,621 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 8.1% during the first quarter. Bessemer Group Inc. now owns 2,058,665 shares of the company’s stock worth $143,593,000 after acquiring an additional 154,870 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 5.6%

NYSEARCA IEMG opened at $70.71 on Friday. The firm has a market capitalization of $139.07 billion, a P/E ratio of 14.65 and a beta of 0.77. The firm’s fifty day moving average price is $79.89 and its two-hundred day moving average price is $77.95. iShares Core MSCI Emerging Markets ETF has a 1 year low of $64.67 and a 1 year high of $86.49.

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.