Today were published iShares Inc. (NYSEARCA:IEMG)‘s daily net flows. The ETF registered $384.85M asset inflows for 1.28% increase, reaching $30018.33M after yestarday’s trading session. The chart of iShares Inc. shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.40% or $0.2 on May 12, reaching $49.95. It is down 8.45% since October 6, 2016 and is uptrending. It has underperformed by 2.20% the S&P500.
The ETF’s YTD performance is 0%, the 1 year is 0% and the 3 year is 0%.
iShares Inc. is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001.