Maripau Wealth Management LLC Cuts Position in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

Maripau Wealth Management LLC lessened its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 39.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,801 shares of the company’s stock after selling 9,525 shares during the period. Maripau Wealth Management LLC’s holdings in iShares Core MSCI Emerging Markets ETF were worth $773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEMG. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth approximately $25,000. Dakota Community Bank & Trust NA boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 92.7% in the 4th quarter. Dakota Community Bank & Trust NA now owns 503 shares of the company’s stock worth $26,000 after buying an additional 242 shares during the last quarter. Kentucky Trust Co purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $28,000. Transcendent Capital Group LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 57.7% in the 3rd quarter. Transcendent Capital Group LLC now owns 713 shares of the company’s stock worth $41,000 after buying an additional 261 shares during the last quarter. Finally, ESL Trust Services LLC boosted its stake in shares of iShares Core MSCI Emerging Markets ETF by 74.3% in the 3rd quarter. ESL Trust Services LLC now owns 802 shares of the company’s stock worth $46,000 after buying an additional 342 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 1.3 %

Shares of NYSEARCA IEMG opened at $53.44 on Friday. iShares Core MSCI Emerging Markets ETF has a twelve month low of $49.47 and a twelve month high of $59.00. The stock’s 50 day moving average price is $53.26 and its 200-day moving average price is $54.54. The company has a market capitalization of $80.16 billion, a PE ratio of 14.18 and a beta of 0.72.

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.