iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sets New 1-Year High – What’s Next?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s stock price hit a new 52-week high on Friday . The stock traded as high as $90.60 and last traded at $90.42, with a volume of 1588283 shares. The stock had previously closed at $88.29.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The stock’s 50-day moving average is $82.82 and its 200 day moving average is $76.81. The stock has a market capitalization of $22.05 billion, a PE ratio of 15.28 and a beta of 0.79.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Rossby Financial LCC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 8.5% in the 4th quarter. Rossby Financial LCC now owns 1,563 shares of the company’s stock valued at $114,000 after purchasing an additional 122 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in iShares MSCI Emerging Markets ex China ETF by 1.4% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,680 shares of the company’s stock worth $704,000 after buying an additional 132 shares during the period. Cary Street Partners Financial LLC increased its position in iShares MSCI Emerging Markets ex China ETF by 4.2% during the third quarter. Cary Street Partners Financial LLC now owns 3,951 shares of the company’s stock worth $267,000 after buying an additional 159 shares during the period. First PREMIER Bank lifted its stake in iShares MSCI Emerging Markets ex China ETF by 7.1% in the third quarter. First PREMIER Bank now owns 2,867 shares of the company’s stock valued at $194,000 after buying an additional 190 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 3.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 6,131 shares of the company’s stock valued at $446,000 after acquiring an additional 206 shares during the period.

About iShares MSCI Emerging Markets ex China ETF

The iShares MSCI Emerging Markets ex China ETF (EMXC) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks a market-cap- weighted index of emerging-market firms, excluding China. The index covers 85% of the universe by market cap. EMXC was launched on Jul 18, 2017 and is managed by BlackRock.