iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Strong Trading Volume – Here’s What Happened

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares saw an uptick in trading volume on Monday . 1,720,758 shares traded hands during trading, a decline of 12% from the previous session’s volume of 1,960,669 shares.The stock last traded at $55.88 and had previously closed at $56.42.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The company has a fifty day simple moving average of $56.81 and a 200 day simple moving average of $58.70. The stock has a market capitalization of $15.39 billion, a price-to-earnings ratio of 12.73 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter valued at approximately $52,987,000. Eastern Bank purchased a new position in iShares MSCI Emerging Markets ex China ETF in the third quarter worth $38,581,000. Janney Montgomery Scott LLC grew its position in iShares MSCI Emerging Markets ex China ETF by 31.4% during the third quarter. Janney Montgomery Scott LLC now owns 1,696,051 shares of the company’s stock valued at $103,646,000 after buying an additional 405,660 shares during the period. LVM Capital Management Ltd. MI bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth approximately $4,576,000. Finally, Icon Wealth Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 26.9% in the third quarter. Icon Wealth Advisors LLC now owns 300,889 shares of the company’s stock valued at $18,387,000 after buying an additional 63,821 shares during the period.

iShares MSCI Emerging Markets ex China ETF Company Profile

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.