iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 1-Year High – Should You Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares hit a new 52-week high on Wednesday . The company traded as high as $94.22 and last traded at $93.76, with a volume of 1771654 shares changing hands. The stock had previously closed at $91.47.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The business’s fifty day moving average is $83.58 and its two-hundred day moving average is $77.84. The company has a market cap of $22.94 billion, a P/E ratio of 15.28 and a beta of 0.86.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Several large investors have recently modified their holdings of the business. Rossby Financial LCC raised 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 in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 1.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,680 shares of the company’s stock valued at $704,000 after purchasing an additional 132 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 4.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 3,951 shares of the company’s stock valued at $267,000 after purchasing an additional 159 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 3.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 6,131 shares of the company’s stock valued at $446,000 after purchasing an additional 206 shares in the last quarter. Finally, Provenance Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 13.7% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,898 shares of the company’s stock valued at $128,000 after purchasing an additional 229 shares in the last quarter.

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.