Nationwide Fund Advisors Cuts Position in iShares Core MSCI Emerging Markets ETF $IEMG

Nationwide Fund Advisors lowered its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 8.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,196,747 shares of the company’s stock after selling 303,122 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up approximately 11.6% of Nationwide Fund Advisors’ holdings, making the stock its 4th largest position. Nationwide Fund Advisors owned approximately 0.19% of iShares Core MSCI Emerging Markets ETF worth $210,730,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 8.0% during the second quarter. SBI Securities Co. Ltd. now owns 2,266 shares of the company’s stock valued at $136,000 after acquiring an additional 168 shares during the period. Team Financial Group LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 19.4% in the 3rd quarter. Team Financial Group LLC now owns 1,079 shares of the company’s stock valued at $71,000 after purchasing an additional 175 shares during the last quarter. Horizons Wealth Management boosted its stake in iShares Core MSCI Emerging Markets ETF by 5.7% during the 2nd quarter. Horizons Wealth Management now owns 3,316 shares of the company’s stock valued at $199,000 after purchasing an additional 180 shares during the period. Foster & Motley Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 3.5% in the 3rd quarter. Foster & Motley Inc. now owns 5,355 shares of the company’s stock worth $353,000 after purchasing an additional 183 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 0.8% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 24,215 shares of the company’s stock worth $1,454,000 after purchasing an additional 189 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Up 0.4%

IEMG opened at $70.04 on Friday. The business’s 50 day moving average is $67.37 and its 200-day moving average is $64.81. The stock has a market cap of $126.83 billion, a PE ratio of 14.65 and a beta of 0.65. iShares Core MSCI Emerging Markets ETF has a twelve month low of $47.29 and a twelve month high of $70.38.

iShares Core MSCI Emerging Markets ETF Company 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.