King Wealth Management Group Sells 7,276 Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)

King Wealth Management Group trimmed its holdings in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) by 10.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 65,750 shares of the company’s stock after selling 7,276 shares during the quarter. King Wealth Management Group’s holdings in iShares Core MSCI Emerging Markets ETF were worth $3,775,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL increased its holdings 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 valued at $28,000 after purchasing an additional 417 shares during the period. Western Pacific Wealth Management LP increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 631.3% during the first quarter. Western Pacific Wealth Management LP now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 505 shares during the period. Zions Bancorporation N.A. bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the second quarter valued at approximately $33,000. Kiely Wealth Advisory Group Inc. lifted its stake in iShares Core MSCI Emerging Markets ETF by 540.6% in the second quarter. Kiely Wealth Advisory Group Inc. now owns 615 shares of the company’s stock worth $32,000 after acquiring an additional 519 shares during the period. Finally, Family CFO Inc purchased a new position in iShares Core MSCI Emerging Markets ETF during the 3rd quarter valued at $40,000.

iShares Core MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:IEMG opened at $53.76 on Friday. iShares Core MSCI Emerging Markets ETF has a 52-week low of $47.33 and a 52-week high of $59.00. The firm has a market capitalization of $79.56 billion, a P/E ratio of 11.74 and a beta of 0.85. The stock has a 50 day moving average price of $56.07 and a 200-day moving average price of $54.50.

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.