iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Reaches New 1-Year High – Here’s What Happened

Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) hit a new 52-week high on Tuesday . The company traded as high as $72.85 and last traded at $72.60, with a volume of 12322015 shares trading hands. The stock had previously closed at $72.40.

iShares Core MSCI Emerging Markets ETF Stock Performance

The business’s fifty day moving average price is $68.40 and its two-hundred day moving average price is $65.86. The firm has a market capitalization of $139.68 billion, a P/E ratio of 14.65 and a beta of 0.65.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IEMG. Rogco LP raised its stake in iShares Core MSCI Emerging Markets ETF by 0.5% in the 2nd quarter. Rogco LP now owns 126,500 shares of the company’s stock worth $7,594,000 after acquiring an additional 635 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 16.3% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 529,394 shares of the company’s stock worth $31,780,000 after purchasing an additional 74,027 shares during the period. Trust Co. of Vermont boosted its position in iShares Core MSCI Emerging Markets ETF by 4.2% in the second quarter. Trust Co. of Vermont now owns 14,414 shares of the company’s stock valued at $865,000 after buying an additional 581 shares during the last quarter. SOA Wealth Advisors LLC. increased its holdings in iShares Core MSCI Emerging Markets ETF by 2.1% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 148,242 shares of the company’s stock worth $8,899,000 after buying an additional 3,120 shares during the period. Finally, Vicus Capital raised its position in iShares Core MSCI Emerging Markets ETF by 1.9% during the 2nd quarter. Vicus Capital now owns 477,957 shares of the company’s stock worth $28,692,000 after buying an additional 9,129 shares during 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.