Financial Management Professionals Inc. Has $27.79 Million Holdings in iShares Core MSCI Emerging Markets ETF $IEMG

Financial Management Professionals Inc. lessened its position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 30.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 335,568 shares of the company’s stock after selling 149,664 shares during the quarter. iShares Core MSCI Emerging Markets ETF makes up about 2.6% of Financial Management Professionals Inc.’s holdings, making the stock its 13th biggest holding. Financial Management Professionals Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $27,793,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEMG. Allied Private Wealth LLC purchased a new stake in shares of iShares Core MSCI Emerging Markets ETF in the second quarter valued at $80,000. TOWER TRUST & INVESTMENT Co grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 35.9% during the second quarter. TOWER TRUST & INVESTMENT Co now owns 7,918 shares of the company’s stock valued at $656,000 after buying an additional 2,093 shares in the last quarter. GoalVest Advisory LLC grew its holdings in shares of iShares Core MSCI Emerging Markets ETF by 10.3% during the second quarter. GoalVest Advisory LLC now owns 132,157 shares of the company’s stock valued at $10,948,000 after buying an additional 12,318 shares in the last quarter. Valeo Financial Advisors LLC raised its position in iShares Core MSCI Emerging Markets ETF by 3.7% during the second quarter. Valeo Financial Advisors LLC now owns 3,067,830 shares of the company’s stock valued at $245,493,000 after buying an additional 110,846 shares during the period. Finally, Community Trust & Investment Co. lifted its stake in iShares Core MSCI Emerging Markets ETF by 5.6% in the 2nd quarter. Community Trust & Investment Co. now owns 9,250 shares of the company’s stock worth $766,000 after acquiring an additional 491 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Trading Down 0.5%

Shares of NYSEARCA IEMG opened at $79.56 on Tuesday. iShares Core MSCI Emerging Markets ETF has a one year low of $61.19 and a one year high of $86.49. The firm has a market capitalization of $155.09 billion, a PE ratio of 14.65 and a beta of 0.73. The business has a 50-day moving average price of $80.46 and a two-hundred day moving average price of $77.06.

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.