iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Reaches New 1-Year High at $56.48

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $56.48 and last traded at $56.48, with a volume of 7734 shares traded. The stock had previously closed at $55.32.

iShares Core MSCI Emerging Markets ETF Stock Up 2.2 %

The business has a 50-day moving average price of $53.65 and a 200-day moving average price of $53.09. The firm has a market capitalization of $83.71 billion, a P/E ratio of 11.74 and a beta of 0.85.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the stock. Connable Office Inc. boosted its holdings in shares of iShares Core MSCI Emerging Markets ETF by 52.2% in the 4th quarter. Connable Office Inc. now owns 347,748 shares of the company’s stock worth $17,589,000 after acquiring an additional 119,329 shares in the last quarter. Lcnb Corp boosted its position in iShares Core MSCI Emerging Markets ETF by 2.6% in the 4th quarter. Lcnb Corp now owns 140,540 shares of the company’s stock valued at $7,109,000 after buying an additional 3,599 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of iShares Core MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 54,758 shares of the company’s stock valued at $2,770,000 after buying an additional 1,964 shares during the period. Rathbones Group PLC raised its position in shares of iShares Core MSCI Emerging Markets ETF by 188.0% during the fourth quarter. Rathbones Group PLC now owns 27,840 shares of the company’s stock worth $1,408,000 after acquiring an additional 18,175 shares during the last quarter. Finally, Rock Creek Group LP lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 13.3% during the fourth quarter. Rock Creek Group LP now owns 373,279 shares of the company’s stock valued at $19,209,000 after acquiring an additional 43,733 shares during the period.

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.