iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) Hits New 52-Week High at $52.65

iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) shares hit a new 52-week high on Thursday . The stock traded as high as $52.65 and last traded at $52.64, with a volume of 8693514 shares trading hands. The stock had previously closed at $51.69.

iShares Core MSCI Emerging Markets ETF Trading Up 2.5 %

The stock has a 50-day moving average price of $51.27 and a two-hundred day moving average price of $49.76. The stock has a market cap of $78.40 billion, a price-to-earnings ratio of 11.74 and a beta of 0.85.

Institutional Trading of iShares Core MSCI Emerging Markets ETF

Several large investors have recently bought and sold shares of IEMG. TIAA Trust National Association acquired a new stake in shares of iShares Core MSCI Emerging Markets ETF during the third quarter worth $1,600,100,000. Valeo Financial Advisors LLC lifted its position in iShares Core MSCI Emerging Markets ETF by 2,285.9% during the 1st quarter. Valeo Financial Advisors LLC now owns 2,640,622 shares of the company’s stock worth $132,675,000 after acquiring an additional 2,529,948 shares during the period. OLD Mission Capital LLC grew its stake in iShares Core MSCI Emerging Markets ETF by 1,145.4% during the 4th quarter. OLD Mission Capital LLC now owns 2,688,709 shares of the company’s stock valued at $135,995,000 after purchasing an additional 2,472,813 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Core MSCI Emerging Markets ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 24,138,170 shares of the company’s stock valued at $1,148,743,000 after purchasing an additional 1,271,596 shares during the period. Finally, Stairway Partners LLC raised its stake in shares of iShares Core MSCI Emerging Markets ETF by 49.6% in the first quarter. Stairway Partners LLC now owns 2,601,924 shares of the company’s stock worth $134,259,000 after purchasing an additional 862,304 shares during the last quarter.

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.