Hollencrest Capital Management Sells 2,945 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Hollencrest Capital Management lessened its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,085 shares of the company’s stock after selling 2,945 shares during the period. Hollencrest Capital Management’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,788,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IEMG. VERITY Wealth Advisors grew its position in shares of iShares Core MSCI Emerging Markets ETF by 1.8% in the 2nd quarter. VERITY Wealth Advisors now owns 11,844 shares of the company’s stock worth $634,000 after buying an additional 208 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in iShares Core MSCI Emerging Markets ETF by 34.8% in the fourth quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock valued at $41,000 after purchasing an additional 209 shares during the last quarter. 9258 Wealth Management LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 4.7% during the second quarter. 9258 Wealth Management LLC now owns 4,691 shares of the company’s stock worth $251,000 after acquiring an additional 209 shares during the period. Redmont Wealth Advisors LLC increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 1.8% during the 1st quarter. Redmont Wealth Advisors LLC now owns 16,900 shares of the company’s stock valued at $872,000 after purchasing an additional 302 shares in the last quarter. Finally, Bahl & Gaynor Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 1.7% during the first quarter. Bahl & Gaynor Inc. now owns 17,963 shares of the company’s stock valued at $927,000 after buying an additional 307 shares during the period.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:IEMG opened at $55.04 on Friday. The business’s 50 day moving average price is $53.67 and its 200-day moving average price is $53.00. The firm has a market capitalization of $81.46 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a 1 year low of $45.57 and a 1 year high of $55.99.

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.