IEMG Stock Summary and Trading Ideas (iShares Core MSCI Emerging Markets ETF | ARCA:IEMG)

The iShares Core MSCI Emerging Markets ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Investable Market Index.

iShares Core MSCI Emerging Markets ETF trades on the ARCA stock market under the symbol IEMG.

As of May 13, 2024, IEMG stock price climbed to $53.68 with 7,797,280 million shares trading.

IEMG has a beta of 0.86, meaning it tends to be less sensitive to market movements. IEMG has a correlation of 0.56 to the broad based SPY ETF.

IEMG has a market cap of $79.33 billion. This is considered a Large Cap stock.

In the last 3 years, IEMG stock traded as high as $68.18 and as low as $41.44.

IEMG stock has underperformed the market in the last year with a return of +13.4%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IEMG shares. However, IEMG has outperformed the market in the last 3 month and 2 week periods, returning +7.7% and +3.6%, while SPY returned +4.3% and +2.5%, respectively. This indicates IEMG has been having a stronger performance recently.

IEMG support price is $52.85 and resistance is $53.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IEMG stock will trade within this expected range on the day.