SOL Capital Management CO Sells 26,507 Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

SOL Capital Management CO decreased its stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 30.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 60,558 shares of the company’s stock after selling 26,507 shares during the period. SOL Capital Management CO’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $3,336,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in iShares MSCI Emerging Markets ex China ETF by 212.4% in the fourth quarter. JPMorgan Chase & Co. now owns 14,529,961 shares of the company’s stock worth $805,686,000 after acquiring an additional 9,879,078 shares during the period. Bank of New York Mellon Corp raised its position 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 acquiring an additional 394,782 shares during the period. Cullen Frost Bankers Inc. raised its position 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 acquiring an additional 149,004 shares during the period. OLD Mission Capital LLC raised its position in iShares MSCI Emerging Markets ex China ETF by 48.2% in the fourth quarter. OLD Mission Capital LLC now owns 1,727,406 shares of the company’s stock worth $95,785,000 after acquiring an additional 562,175 shares during the period. Finally, RiverFront Investment Group LLC raised its position in shares of iShares MSCI Emerging Markets ex China ETF by 4.8% in the fourth quarter. RiverFront Investment Group LLC now owns 700,790 shares of the company’s stock valued at $38,859,000 after purchasing an additional 32,129 shares during the period.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.3%

NASDAQ EMXC opened at $62.46 on Thursday. The company’s 50 day moving average is $59.10 and its 200-day moving average is $56.94. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $49.60 and a 12-month high of $63.25. The firm has a market cap of $16.15 billion, a P/E ratio of 14.92 and a beta of 0.88.

iShares MSCI Emerging Markets ex China ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $0.7114 dividend. The ex-dividend date of this dividend was Monday, June 16th.

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.