iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Get Free Report) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 745,955 shares, a decrease of 66.1% from the May 14th total of 2,200,156 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 19,118,630 shares, the days-to-cover ratio is currently 0.0 days.
iShares Core MSCI Emerging Markets ETF Stock Performance
Shares of IEMG stock traded up $0.50 during trading hours on Friday, reaching $82.57. The company had a trading volume of 11,359,960 shares, compared to its average volume of 16,501,521. iShares Core MSCI Emerging Markets ETF has a twelve month low of $57.38 and a twelve month high of $86.04. The company has a market capitalization of $160.27 billion, a P/E ratio of 14.65 and a beta of 0.72. The stock’s fifty day simple moving average is $79.03 and its 200 day simple moving average is $73.49.
Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF
A number of large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 10.2% in the fourth quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after buying an additional 4,457,585 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares Core MSCI Emerging Markets ETF by 29.5% during the 1st quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock valued at $1,452,814,000 after purchasing an additional 4,743,399 shares in the last quarter. Captrust Financial Advisors grew its stake in iShares Core MSCI Emerging Markets ETF by 12.0% during the 4th quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock valued at $641,386,000 after purchasing an additional 1,021,822 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in iShares Core MSCI Emerging Markets ETF by 9.5% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock valued at $351,426,000 after purchasing an additional 454,887 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Core MSCI Emerging Markets ETF by 21.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock valued at $275,557,000 after purchasing an additional 726,865 shares in the last quarter.
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.
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