The iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) has seen a significant uptick in shares this week, reflecting investor interest. An inflow of approximately $403.1 million marks a 0.5% rise in outstanding units, increasing from 1,477,800,000 to 1,485,000,000.
Noteworthy Performance of Key Holdings
Among the top stocks within IEMG, Yum China Holdings Inc. (Symbol: YUMC) has experienced an increase of about 3.7%. CrediCorp Ltd. (Symbol: BAP) rose by 0.3%, while Southern Copper Corp. (Symbol: SCCO) also improved by approximately 3.7%. To explore the complete list of holdings, visit the IEMG Holdings page.
The chart below illustrates the one-year price performance of IEMG alongside its 200-day moving average:
Price Performance Overview
For IEMG, the lowest price over the past year was $47.335 per share, while the highest was $59. The most recent trading price is $57.14. Examining the current share price against the 200-day moving average serves as an effective technical analysis tool, helping investors gauge performance trends.
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Exchange-traded funds (ETFs) operate similarly to stocks. However, when investors trade ETFs, they are actually buying and selling “units.” These units can be created or destroyed based on investor demand, influencing the underlying assets held by the ETF. Each week, we track changes in shares outstanding to identify ETFs with significant inflows or outflows. When new units are created, corresponding shares of the underlying holdings must be purchased, while unit destruction entails selling them. Thus, large movements in units can impact the individual components of the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- Historical Stock Price
- ON Price Target
- Funds Holding HTAQ
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