Nationwide Fund Advisors Lowers Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Nationwide Fund Advisors reduced its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 7.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,801,904 shares of the company’s stock after selling 288,234 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for about 11.6% of Nationwide Fund Advisors’ investment portfolio, making the stock its 5th largest holding. Nationwide Fund Advisors’ holdings in iShares Core MSCI Emerging Markets ETF were worth $265,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Emerging Markets ETF by 10.2% in the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after buying an additional 4,457,585 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Core MSCI Emerging Markets ETF by 30.9% during the fourth quarter. Bank of New York Mellon Corp now owns 16,085,473 shares of the company’s stock worth $1,081,266,000 after acquiring an additional 3,795,631 shares in the last quarter. Jabodon PT Co. purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $71,387,000. Captrust Financial Advisors boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 12.0% in the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after acquiring an additional 1,021,822 shares during the period. Finally, Quent Long Short Global Small Cap Fund LP bought a new position in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter worth $59,249,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA IEMG opened at $79.84 on Friday. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $59.60 and a fifty-two week high of $86.49. The stock has a market cap of $154.59 billion, a PE ratio of 14.65 and a beta of 0.72. The stock has a fifty day moving average of $81.49 and a 200-day moving average of $75.11.

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.