iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Sees Large Volume Increase

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) shares saw unusually-strong trading volume on Tuesday . Approximately 13,137,662 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 9,604,738 shares.The stock last traded at $52.72 and had previously closed at $52.99.

iShares Core MSCI Emerging Markets ETF Stock Up 0.8 %

The stock has a fifty day moving average price of $53.78 and a two-hundred day moving average price of $52.87. The company has a market cap of $79.34 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

Institutional Investors Weigh In On iShares Core MSCI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IEMG. VERITY Wealth Advisors increased its position in iShares Core MSCI Emerging Markets ETF by 1.8% in the 2nd quarter. VERITY Wealth Advisors now owns 11,844 shares of the company’s stock valued at $634,000 after buying an additional 208 shares in the last quarter. GW&K Investment Management LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 34.8% during the 4th quarter. GW&K Investment Management LLC now owns 809 shares of the company’s stock worth $41,000 after purchasing an additional 209 shares during the period. 9258 Wealth Management LLC boosted its stake in iShares Core MSCI Emerging Markets ETF by 4.7% in the second quarter. 9258 Wealth Management LLC now owns 4,691 shares of the company’s stock valued at $251,000 after acquiring an additional 209 shares during the last quarter. Redmont Wealth Advisors LLC lifted its stake in iShares Core MSCI Emerging Markets ETF by 1.8% in the first quarter. Redmont Wealth Advisors LLC now owns 16,900 shares of the company’s stock valued at $872,000 after purchasing an additional 302 shares during the last quarter. Finally, Bahl & Gaynor Inc. grew its stake in shares of iShares Core MSCI Emerging Markets ETF by 1.7% during the 1st quarter. Bahl & Gaynor Inc. now owns 17,963 shares of the company’s stock worth $927,000 after acquiring an additional 307 shares during the period.

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.