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

Palladiem LLC acquired a new stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) during the fourth quarter, HoldingsChannel reports. The firm acquired 43,118 shares of the company’s stock, valued at approximately $3,136,000. iShares MSCI Emerging Markets ex China ETF comprises about 3.0% of Palladiem LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds have also made changes to their positions in EMXC. City of London Investment Management Co. Ltd. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 3rd quarter valued at about $16,642,000. Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 30.5% in the 4th quarter. Farther Finance Advisors LLC now owns 512,026 shares of the company’s stock valued at $37,214,000 after acquiring an additional 119,737 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 160.1% in the 3rd quarter. Marshall Wace LLP now owns 179,400 shares of the company’s stock valued at $12,111,000 after acquiring an additional 110,432 shares during the last quarter. Waterloo Capital L.P. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at about $6,055,000. Finally, Myriad Asset Management US LP purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at about $5,221,000.

iShares MSCI Emerging Markets ex China ETF Stock Performance

EMXC opened at $93.90 on Friday. iShares MSCI Emerging Markets ex China ETF has a one year low of $60.02 and a one year high of $104.18. The company has a market cap of $22.98 billion, a P/E ratio of 15.28 and a beta of 0.88. The business’s 50-day simple moving average is $90.82 and its 200-day simple moving average is $81.97.

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.