iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Hits New 1-Year High – Should You Buy?

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMGGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $77.68 and last traded at $77.57, with a volume of 12625189 shares traded. The stock had previously closed at $76.79.

iShares Core MSCI Emerging Markets ETF Stock Down 0.1%

The firm has a market capitalization of $146.69 billion, a PE ratio of 14.65 and a beta of 0.65. The business has a 50-day moving average price of $71.97 and a 200-day moving average price of $67.93.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. grew its position in iShares Core MSCI Emerging Markets ETF by 21.4% in the fourth quarter. Sunbelt Securities Inc. now owns 1,736 shares of the company’s stock worth $117,000 after acquiring an additional 306 shares during the period. Birchwood Financial Partners Inc. acquired a new position in shares of iShares Core MSCI Emerging Markets ETF in the 4th quarter valued at $43,000. Strive Financial Group LLC purchased a new position in shares of iShares Core MSCI Emerging Markets ETF during the 4th quarter worth $1,621,000. NewEdge Advisors LLC increased its position in shares of iShares Core MSCI Emerging Markets ETF by 19.5% during the 4th quarter. NewEdge Advisors LLC now owns 2,423,535 shares of the company’s stock worth $162,910,000 after purchasing an additional 394,834 shares during the last quarter. Finally, IHT Wealth Management LLC raised its holdings in iShares Core MSCI Emerging Markets ETF by 35.3% in the 4th quarter. IHT Wealth Management LLC now owns 53,259 shares of the company’s stock valued at $3,581,000 after buying an additional 13,883 shares during the period.

iShares Core MSCI Emerging Markets ETF Company Profile

(Get Free Report)

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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