iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Short Interest Update

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,200,156 shares, a decline of 55.7% from the April 30th total of 4,961,650 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 10,820,219 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in iShares Core MSCI Emerging Markets ETF by 10.2% during the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock worth $3,226,692,000 after buying an additional 4,457,585 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 29.5% in the first 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 acquiring an additional 4,743,399 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 12.0% in the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock valued at $641,386,000 after acquiring an additional 1,021,822 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 9.5% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock worth $351,426,000 after acquiring an additional 454,887 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in iShares Core MSCI Emerging Markets ETF by 21.1% during the third quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock worth $275,557,000 after purchasing an additional 726,865 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Performance

iShares Core MSCI Emerging Markets ETF stock traded up $1.71 during mid-day trading on Monday, reaching $85.18. 12,909,458 shares of the company were exchanged, compared to its average volume of 16,956,713. The firm’s 50-day simple moving average is $76.74 and its two-hundred day simple moving average is $72.59. iShares Core MSCI Emerging Markets ETF has a twelve month low of $56.75 and a twelve month high of $85.68. The firm has a market cap of $165.33 billion, a PE ratio of 14.65 and a beta of 0.71.

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.