Wells Financial Advisors INC Sells 622 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Wells Financial Advisors INC decreased its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 43.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 815 shares of the company’s stock after selling 622 shares during the period. Wells Financial Advisors INC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $43,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pointe Capital Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Pointe Capital Management LLC now owns 87,702 shares of the company’s stock worth $4,580,000 after purchasing an additional 1,471 shares in the last quarter. Hollencrest Capital Management increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Hollencrest Capital Management now owns 53,951 shares of the company’s stock worth $2,817,000 after purchasing an additional 2,174 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI Emerging Markets ETF by 20.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,254,649 shares of the company’s stock valued at $1,909,149,000 after acquiring an additional 5,631,725 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in iShares Core MSCI Emerging Markets ETF by 87.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 171,930 shares of the company’s stock worth $8,978,000 after purchasing an additional 80,127 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in iShares Core MSCI Emerging Markets ETF by 3.6% in the fourth quarter. Farther Finance Advisors LLC now owns 231,760 shares of the company’s stock worth $12,103,000 after purchasing an additional 7,954 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

Shares of IEMG stock opened at $55.16 on Wednesday. The company has a market cap of $84.39 billion, a price-to-earnings ratio of 14.82 and a beta of 0.74. iShares Core MSCI Emerging Markets ETF has a 1 year low of $49.47 and a 1 year high of $59.00. The firm has a fifty day moving average price of $54.08 and a 200-day moving average price of $54.62.

About iShares Core MSCI Emerging Markets ETF

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.