iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 12-Month High – Time to Buy?

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) reached a new 52-week high on Tuesday . The stock traded as high as $99.48 and last traded at $99.48, with a volume of 159453 shares traded. The stock had previously closed at $95.60.

iShares MSCI Emerging Markets ex China ETF Price Performance

The firm has a 50 day moving average of $86.96 and a two-hundred day moving average of $80.20. The stock has a market cap of $24.36 billion, a PE ratio of 15.28 and a beta of 0.86.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several institutional investors and hedge funds have recently made changes to their positions in EMXC. Sankala Group LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth about $27,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 3rd quarter worth about $27,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 526.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after buying an additional 495 shares during the period. Arlington Trust Co LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 91.8% during the 4th quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after buying an additional 356 shares during the period. Finally, BOKF NA purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter valued at about $62,000.

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.