Cornerstone Planning Group LLC Cuts Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Cornerstone Planning Group LLC lowered its stake in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 13.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,646 shares of the company’s stock after selling 421 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL increased its stake in iShares Core MSCI Emerging Markets ETF by 587.3% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 488 shares of the company’s stock worth $28,000 after buying an additional 417 shares in the last quarter. Western Pacific Wealth Management LP boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 631.3% in the first quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock worth $30,000 after acquiring an additional 505 shares during the last quarter. Kiely Wealth Advisory Group Inc. increased its position in shares of 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 worth $32,000 after purchasing an additional 519 shares in the last quarter. Zions Bancorporation N.A. acquired a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $33,000. Finally, Olistico Wealth LLC purchased a new position in iShares Core MSCI Emerging Markets ETF in the 2nd quarter valued at $40,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of iShares Core MSCI Emerging Markets ETF stock opened at $54.44 on Wednesday. The business’s 50 day moving average price is $56.06 and its 200 day moving average price is $54.50. The company has a market cap of $80.57 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85. iShares Core MSCI Emerging Markets ETF has a one year low of $47.33 and a one year high of $59.00.

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.