On June 23, iShares Core MSCI Emerging Markets ETF fell 4.63% in pre-market trading, trading at $81.99/share, with turnover of $115,500.
The decline comes amid a broad selloff across emerging markets, with the MSCI Asia Pacific Index dropping 3% to 277.27 points on the same day. The ETF's weakness aligns with a sustained capital flight trend from emerging market assets. Data shows that investors pulled $1.64 billion from U.S.-listed emerging market ETFs in the week ending June 12, a sharp acceleration from the prior week's $466.8 million outflow, marking the fourth consecutive week of withdrawals. Year-to-date inflows stand at $39.2 billion.
The fund generally invests at least 80% of its assets in the component securities of the MSCI Emerging Markets Investable Market Index, which is designed to measure large-, mid-, and small-cap equity market performance across global emerging markets.
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