iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sets New 52-Week High – Should You Buy?

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $71.58 and last traded at $71.3170, with a volume of 5150759 shares trading hands. The stock had previously closed at $70.37.

iShares Core MSCI Emerging Markets ETF Price Performance

The business has a fifty day moving average of $67.99 and a 200-day moving average of $65.54. The stock has a market capitalization of $135.19 billion, a price-to-earnings ratio of 14.65 and a beta of 0.65.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cloud Capital Management LLC bought a new stake in shares of iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth $32,000. Your Advocates Ltd. LLP acquired a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth approximately $36,000. First Horizon Corp acquired a new position in iShares Core MSCI Emerging Markets ETF in the 3rd quarter worth approximately $41,000. Steigerwald Gordon & Koch Inc. purchased a new position in iShares Core MSCI Emerging Markets ETF during the 3rd quarter worth approximately $44,000. Finally, Holos Integrated Wealth LLC acquired a new stake in iShares Core MSCI Emerging Markets ETF during the 4th quarter valued at $52,000.

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.