Palladiem LLC Takes $3.14 Million Position in iShares MSCI Emerging Markets ex China ETF $EMXC

Palladiem LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 43,118 shares of the company’s stock, valued at approximately $3,136,000. iShares MSCI Emerging Markets ex China ETF comprises approximately 3.0% of Palladiem LLC’s investment portfolio, making the stock its 13th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 1.4% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,680 shares of the company’s stock valued at $704,000 after buying an additional 132 shares during the period. Cary Street Partners Financial LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 4.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 3,951 shares of the company’s stock valued at $267,000 after buying an additional 159 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 3.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 6,131 shares of the company’s stock valued at $446,000 after buying an additional 206 shares during the period. Provenance Wealth Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 13.7% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,898 shares of the company’s stock valued at $128,000 after buying an additional 229 shares during the period. Finally, Colonial Trust Co SC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 0.5% in the 3rd quarter. Colonial Trust Co SC now owns 55,740 shares of the company’s stock valued at $3,763,000 after buying an additional 302 shares during the period.

iShares MSCI Emerging Markets ex China ETF Trading Down 7.7%

EMXC stock opened at $93.90 on Friday. The company has a market capitalization of $22.98 billion, a PE ratio of 15.28 and a beta of 0.88. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $60.02 and a 12-month high of $104.18. The business’s fifty day moving average price is $90.82 and its 200 day moving average price is $81.97.

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.