DRW Securities LLC Sells 411,152 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

DRW Securities LLC cut its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 89.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 49,493 shares of the company’s stock after selling 411,152 shares during the quarter. DRW Securities LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $2,661,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IEMG. Ables Iannone Moore & Associates Inc. acquired a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth about $28,000. Western Pacific Wealth Management LP grew its holdings in iShares Core MSCI Emerging Markets ETF by 631.3% during the first quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock valued at $30,000 after purchasing an additional 505 shares during the period. Kiely Wealth Advisory Group Inc. grew its holdings in iShares Core MSCI Emerging Markets ETF by 540.6% during the second quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock valued at $32,000 after purchasing an additional 519 shares during the period. Zions Bancorporation N.A. bought a new stake in iShares Core MSCI Emerging Markets ETF in the second quarter valued at approximately $33,000. Finally, Olistico Wealth LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF in the second quarter worth $40,000.

iShares Core MSCI Emerging Markets ETF Stock Down 0.3 %

Shares of IEMG stock opened at $54.90 on Friday. iShares Core MSCI Emerging Markets ETF has a 12-month low of $45.57 and a 12-month high of $55.99. The firm has a fifty day moving average of $53.65 and a 200-day moving average of $53.05. The firm has a market capitalization of $81.25 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

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.