Transcend Capital Advisors LLC Sells 1,760 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Transcend Capital Advisors LLC lessened its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 56,123 shares of the company’s stock after selling 1,760 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,839,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TIAA Trust National Association bought a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter worth $1,600,100,000. JPMorgan Chase & Co. raised its position in iShares Core MSCI Emerging Markets ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 24,138,170 shares of the company’s stock worth $1,148,743,000 after acquiring an additional 1,271,596 shares in the last quarter. United Services Automobile Association raised its position in iShares Core MSCI Emerging Markets ETF by 13.9% during the third quarter. United Services Automobile Association now owns 4,547,343 shares of the company’s stock worth $216,408,000 after acquiring an additional 556,025 shares in the last quarter. Stairway Partners LLC raised its position in iShares Core MSCI Emerging Markets ETF by 2.2% during the fourth quarter. Stairway Partners LLC now owns 1,739,620 shares of the company’s stock worth $87,990,000 after acquiring an additional 37,701 shares in the last quarter. Finally, Retirement Investment Advisors Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 38.8% during the third quarter. Retirement Investment Advisors Inc. now owns 1,580,887 shares of the company’s stock worth $75,234,000 after acquiring an additional 442,304 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Up 1.1 %

Shares of IEMG traded up $0.56 during trading hours on Friday, hitting $51.80. The company had a trading volume of 7,299,605 shares, compared to its average volume of 10,500,142. The firm has a market cap of $76.66 billion, a price-to-earnings ratio of 11.59 and a beta of 0.85. The business has a fifty day moving average of $51.19 and a 200-day moving average of $49.67. iShares Core MSCI Emerging Markets ETF has a 12 month low of $45.57 and a 12 month high of $52.65.

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.