Basso Capital Management L.P. Raises Holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Basso Capital Management L.P. grew its position in shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 169.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,900 shares of the company’s stock after purchasing an additional 8,750 shares during the period. iShares MSCI Emerging Markets ex China ETF makes up approximately 0.7% of Basso Capital Management L.P.’s investment portfolio, making the stock its 27th biggest position. Basso Capital Management L.P.’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMXC. Flow Traders U.S. LLC purchased a new position in iShares MSCI Emerging Markets ex China ETF in the third quarter worth about $52,987,000. Hughes Financial Services LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $36,319,000. Bank of New York Mellon Corp lifted its stake in iShares MSCI Emerging Markets ex China ETF by 3.9% in the fourth quarter. Bank of New York Mellon Corp now owns 10,401,633 shares of the company’s stock worth $576,771,000 after purchasing an additional 394,782 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in iShares MSCI Emerging Markets ex China ETF by 7.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,267,834 shares of the company’s stock worth $125,751,000 after purchasing an additional 149,004 shares during the last quarter. Finally, Ethos Financial Group LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $6,254,000.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of NASDAQ EMXC opened at $55.37 on Monday. The company has a market cap of $15.19 billion, a P/E ratio of 14.51 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $53.97 and a 1 year high of $63.25. The firm has a 50-day simple moving average of $56.16 and a two-hundred day simple moving average of $58.01.

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.