iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Reaches New 52-Week High – Here’s Why

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $98.31 and last traded at $97.94, with a volume of 2555245 shares changing hands. The stock had previously closed at $98.02.

iShares MSCI Emerging Markets ex China ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $84.38 and a 200 day simple moving average of $78.59. The firm has a market capitalization of $23.97 billion, a P/E ratio of 15.28 and a beta of 0.86.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Large investors have recently made changes to their positions in the company. Sankala Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $27,000. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the third quarter worth about $27,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 526.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock worth $43,000 after purchasing an additional 495 shares during the last quarter. Arlington Trust Co LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 91.8% in the fourth quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock worth $54,000 after purchasing an additional 356 shares during the last quarter. Finally, BOKF NA bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth about $62,000.

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.