Short Interest in iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Drops By 46.3%

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 12,123,837 shares, a decrease of 46.3% from the December 15th total of 22,579,833 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 11,612,411 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 11,612,411 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 16.3% in the second quarter. JPMorgan Chase & Co. now owns 42,710,758 shares of the company’s stock worth $2,563,927,000 after purchasing an additional 5,997,621 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares Core MSCI Emerging Markets ETF by 36.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 12,289,842 shares of the company’s stock valued at $810,146,000 after buying an additional 3,277,237 shares during the period. Captrust Financial Advisors lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 4.6% in the 3rd quarter. Captrust Financial Advisors now owns 8,519,766 shares of the company’s stock worth $561,617,000 after acquiring an additional 378,430 shares during the period. Ameriprise Financial Inc. raised its position in iShares Core MSCI Emerging Markets ETF by 21.1% in the third quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock worth $275,557,000 after acquiring an additional 726,865 shares in the last quarter. Finally, Stairway Partners LLC boosted its position in shares of iShares Core MSCI Emerging Markets ETF by 0.9% during the 3rd quarter. Stairway Partners LLC now owns 3,523,665 shares of the company’s stock valued at $232,280,000 after purchasing an additional 31,940 shares in the last quarter.

iShares Core MSCI Emerging Markets ETF Stock Down 0.4%

IEMG stock traded down $0.26 during mid-day trading on Friday, reaching $70.92. The company had a trading volume of 33,369,805 shares, compared to its average volume of 21,470,711. iShares Core MSCI Emerging Markets ETF has a one year low of $47.29 and a one year high of $71.51. The stock has a market capitalization of $130.00 billion, a P/E ratio of 14.65 and a beta of 0.65. The stock’s 50-day simple moving average is $67.67 and its two-hundred day simple moving average is $65.19.

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.