Arbor Investment Advisors LLC Cuts Stock Holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Arbor Investment Advisors LLC decreased its holdings in shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,187 shares of the company’s stock after selling 5,007 shares during the quarter. iShares Core MSCI Emerging Markets ETF accounts for approximately 0.7% of Arbor Investment Advisors LLC’s portfolio, making the stock its 21st largest position. Arbor Investment Advisors LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $4,657,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth about $25,000. Dakota Community Bank & Trust NA boosted its stake in iShares Core MSCI Emerging Markets ETF by 92.7% in the fourth quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after buying an additional 242 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its stake in iShares Core MSCI Emerging Markets ETF by 587.3% in the third 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. Kentucky Trust Co purchased a new stake in iShares Core MSCI Emerging Markets ETF in the fourth quarter worth approximately $28,000. Finally, Transcendent Capital Group LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 57.7% in the third quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after buying an additional 261 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG opened at $55.52 on Friday. The firm has a market cap of $82.17 billion, a P/E ratio of 11.74 and a beta of 0.85. The stock has a 50 day simple moving average of $53.13 and a two-hundred day simple moving average of $54.48. iShares Core MSCI Emerging Markets ETF has a 1 year low of $49.47 and a 1 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.