iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Short Interest Update

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 4,295,088 shares, an increase of 310.8% from the June 15th total of 1,045,520 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 12,419,482 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of iShares Core MSCI Emerging Markets ETF by 10.2% during the 4th quarter. JPMorgan Chase & Co. now owns 48,001,963 shares of the company’s stock valued at $3,226,692,000 after buying an additional 4,457,585 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Core MSCI Emerging Markets ETF by 29.5% during the first quarter. Bank of New York Mellon Corp now owns 20,828,872 shares of the company’s stock worth $1,452,814,000 after acquiring an additional 4,743,399 shares during the last quarter. Captrust Financial Advisors increased its stake in iShares Core MSCI Emerging Markets ETF by 12.0% during the fourth quarter. Captrust Financial Advisors now owns 9,541,588 shares of the company’s stock worth $641,386,000 after acquiring an additional 1,021,822 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its position in iShares Core MSCI Emerging Markets ETF by 9.5% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 5,227,998 shares of the company’s stock valued at $351,426,000 after purchasing an additional 454,887 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Core MSCI Emerging Markets ETF by 21.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,177,735 shares of the company’s stock valued at $275,557,000 after purchasing an additional 726,865 shares during the last quarter.

iShares Core MSCI Emerging Markets ETF Price Performance

IEMG traded down $2.83 on Monday, reaching $78.49. 11,985,031 shares of the company’s stock were exchanged, compared to its average volume of 16,100,571. The stock’s fifty day moving average price is $81.84 and its 200-day moving average price is $75.79. The stock has a market cap of $151.97 billion, a PE ratio of 14.65 and a beta of 0.72. iShares Core MSCI Emerging Markets ETF has a twelve month low of $59.67 and a twelve month high of $86.49.

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.