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 Thursday . 7,512,504 shares were traded during mid-day trading, an increase of 167% from the previous session’s volume of 2,810,613 shares.The stock last traded at $55.23 and had previously closed at $55.74.

iShares MSCI Emerging Markets ex China ETF Price Performance

The stock’s 50-day moving average is $56.24 and its 200 day moving average is $58.26. The stock has a market cap of $15.23 billion, a price-to-earnings ratio of 14.51 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.9999 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 0.5% in the fourth quarter. Versant Capital Management Inc now owns 40,354 shares of the company’s stock valued at $2,238,000 after acquiring an additional 189 shares during the period. Greenwich Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 4.1% in the 4th quarter. Greenwich Wealth Management LLC now owns 5,102 shares of the company’s stock valued at $283,000 after purchasing an additional 200 shares in the last quarter. Princeton Global Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 2.8% in the fourth quarter. Princeton Global Asset Management LLC now owns 9,914 shares of the company’s stock valued at $550,000 after purchasing an additional 271 shares during the period. Crescent Grove Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ex China ETF by 0.5% during the fourth quarter. Crescent Grove Advisors LLC now owns 62,045 shares of the company’s stock worth $3,440,000 after buying an additional 335 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. boosted its holdings in iShares MSCI Emerging Markets ex China ETF by 3.1% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 11,602 shares of the company’s stock worth $643,000 after buying an additional 349 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.