42,420 iShares Core MSCI Emerging Markets ETF $IEMG Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. decreased its stake in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 22.9% in the third quarter, HoldingsChannel reports. The firm owned 142,867 shares of the company’s stock after selling 42,420 shares during the period. iShares Core MSCI Emerging Markets ETF accounts for 8.1% of FDx Advisors Inc.’s holdings, making the stock its 2nd biggest position. FDx Advisors Inc.’s holdings in iShares Core MSCI Emerging Markets ETF were worth $11,595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Monetary Solutions Ltd increased its stake in iShares Core MSCI Emerging Markets ETF by 173.2% in the 3rd quarter. Monetary Solutions Ltd now owns 418 shares of the company’s stock worth $34,000 after purchasing an additional 265 shares in the last quarter. Archer Investment Corp lifted its stake in iShares Core MSCI Emerging Markets ETF by 148.1% during the first quarter. Archer Investment Corp now owns 459 shares of the company’s stock valued at $32,000 after buying an additional 274 shares in the last quarter. Nvwm LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $45,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the third quarter worth about $51,000. Finally, Silicon Valley Capital Partners acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the first quarter worth about $45,000.

iShares Core MSCI Emerging Markets ETF Price Performance

iShares Core MSCI Emerging Markets ETF stock opened at $75.47 on Thursday. The firm’s 50 day simple moving average is $79.26 and its 200-day simple moving average is $78.00. The company has a market cap of $148.68 billion, a P/E ratio of 12.44 and a beta of 0.77. iShares Core MSCI Emerging Markets ETF has a fifty-two week low of $64.67 and a fifty-two week high of $86.49.

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.