iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 8,084,563 shares, a growth of 258.0% from the October 15th total of 2,258,273 shares. Based on an average daily volume of 13,799,784 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are short sold.
iShares Core MSCI Emerging Markets ETF Trading Down 0.4%
Shares of iShares Core MSCI Emerging Markets ETF stock traded down $0.30 on Friday, reaching $74.15. 16,125,667 shares of the stock were exchanged, compared to its average volume of 14,405,447. The business has a fifty day moving average price of $78.95 and a two-hundred day moving average price of $78.01. The firm has a market capitalization of $145.84 billion, a PE ratio of 12.44 and a beta of 0.77. iShares Core MSCI Emerging Markets ETF has a 1-year low of $64.67 and a 1-year high of $86.49.
Hedge Funds Weigh In On iShares Core MSCI Emerging Markets ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its position in iShares Core MSCI Emerging Markets ETF by 29.5% during 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 purchasing an additional 4,743,399 shares during the last quarter. Bessemer Group Inc. increased its holdings in iShares Core MSCI Emerging Markets ETF by 141.3% during the 3rd quarter. Bessemer Group Inc. now owns 5,343,627 shares of the company’s stock valued at $433,688,000 after purchasing an additional 3,129,290 shares in the last quarter. Nationwide Fund Advisors lifted its holdings in iShares Core MSCI Emerging Markets ETF by 34.9% during the 3rd quarter. Nationwide Fund Advisors now owns 3,368,516 shares of the company’s stock worth $273,389,000 after buying an additional 871,652 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in iShares Core MSCI Emerging Markets ETF by 45.7% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,286,329 shares of the company’s stock worth $104,398,000 after acquiring an additional 403,553 shares during the period. Finally, TIAA CREF Individual & Institutional Services LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 2.9% in the third quarter. TIAA CREF Individual & Institutional Services LLC now owns 12,872,292 shares of the company’s stock worth $1,044,715,000 after purchasing an additional 363,621 shares during the period.
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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