iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sets New 1-Year High – Time to Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $76.40 and last traded at $76.4420, with a volume of 322652 shares changing hands. The stock had previously closed at $76.11.

iShares MSCI Emerging Markets ex China ETF Trading Up 0.6%

The stock has a market cap of $14.62 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82. The firm’s 50-day moving average is $72.15 and its two-hundred day moving average is $68.29.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.3357 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 384.0%.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several large investors have recently made changes to their positions in EMXC. Bare Financial Services Inc grew its holdings in iShares MSCI Emerging Markets ex China ETF by 7.7% in the 2nd quarter. Bare Financial Services Inc now owns 143,559 shares of the company’s stock valued at $9,064,000 after buying an additional 10,303 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 31.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 5,351 shares of the company’s stock worth $338,000 after acquiring an additional 1,283 shares during the period. Montecito Bank & Trust acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at about $4,914,000. Arbor Investment Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 32.3% in the third quarter. Arbor Investment Advisors LLC now owns 38,245 shares of the company’s stock valued at $2,582,000 after purchasing an additional 9,342 shares during the period. Finally, Rothschild Investment LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 18,626.3% in the second quarter. Rothschild Investment LLC now owns 59,924 shares of the company’s stock valued at $3,784,000 after purchasing an additional 59,604 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.