iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 2,200,156 shares, a decrease of 55.7% from the April 30th total of 4,961,650 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 10,820,219 shares, the days-to-cover ratio is currently 0.2 days.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA:IEMG traded up $0.81 during midday trading on Tuesday, reaching $85.99. 8,823,519 shares of the company’s stock traded hands, compared to its average volume of 16,878,580. The company has a market cap of $166.91 billion, a price-to-earnings ratio of 14.65 and a beta of 0.71. iShares Core MSCI Emerging Markets ETF has a one year low of $57.03 and a one year high of $86.04. The stock has a 50 day moving average of $76.74 and a 200 day moving average of $72.59.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in IEMG. C M Bidwell & Associates Ltd. grew its position in shares of iShares Core MSCI Emerging Markets ETF by 3.0% during the fourth quarter. C M Bidwell & Associates Ltd. now owns 4,655 shares of the company’s stock worth $313,000 after purchasing an additional 135 shares in the last quarter. Collier Financial boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 2.9% in the 4th quarter. Collier Financial now owns 5,254 shares of the company’s stock worth $353,000 after purchasing an additional 148 shares during the period. Montecito Bank & Trust boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 0.9% in the 1st quarter. Montecito Bank & Trust now owns 17,086 shares of the company’s stock worth $1,192,000 after purchasing an additional 155 shares during the period. Main Management LLC lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Main Management LLC now owns 15,705 shares of the company’s stock worth $1,056,000 after acquiring an additional 158 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 17,957 shares of the company’s stock valued at $1,207,000 after purchasing an additional 170 shares in the last quarter.
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.
Featured Articles
- Five stocks we like better than iShares Core MSCI Emerging Markets ETF
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for iShares Core MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
