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

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $75.99 and last traded at $76.0850, with a volume of 10729926 shares traded. The stock had previously closed at $74.93.

iShares Core MSCI Emerging Markets ETF Stock Performance

The business has a 50 day moving average of $70.86 and a 200-day moving average of $67.43. The company has a market capitalization of $146.08 billion, a P/E ratio of 14.65 and a beta of 0.65.

Hedge Funds Weigh In On iShares Core MSCI Emerging Markets ETF

Hedge funds have recently bought and sold shares of the company. Cornerstone Financial Management LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Modus Advisors LLC bought a new position in iShares Core MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. Cloud Capital Management LLC purchased a new stake in iShares Core MSCI Emerging Markets ETF during the third quarter valued at about $32,000. Hilton Head Capital Partners LLC bought a new stake in iShares Core MSCI Emerging Markets ETF during the fourth quarter worth about $35,000. Finally, Your Advocates Ltd. LLP purchased a new position in shares of iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth about $36,000.

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.