iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sets New 12-Month High – Here’s What Happened

Shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $75.00 and last traded at $75.0150, with a volume of 38782 shares changing hands. The stock had previously closed at $74.37.

iShares Core MSCI Emerging Markets ETF Stock Down 1.1%

The stock has a market cap of $142.66 billion, a P/E ratio of 14.65 and a beta of 0.65. The firm has a 50 day simple moving average of $69.93 and a 200-day simple moving average of $66.78.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IEMG. Modus Advisors LLC bought a new position in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth approximately $28,000. Cloud Capital Management LLC bought a new position in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $32,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the fourth quarter worth $35,000. Your Advocates Ltd. LLP acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth $36,000. Finally, North Star Investment Management Corp. bought a new stake in shares of iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at about $40,000.

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.