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

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s share price hit a new 52-week high on Thursday . The stock traded as high as $104.29 and last traded at $104.29, with a volume of 1216 shares trading hands. The stock had previously closed at $101.76.

iShares MSCI Emerging Markets ex China ETF Price Performance

The stock has a market capitalization of $25.80 billion, a P/E ratio of 15.28 and a beta of 0.88. The company has a fifty day moving average of $94.18 and a two-hundred day moving average of $83.66.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be issued a $0.588 dividend. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sankala Group LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at approximately $27,000. Brown Brothers Harriman & Co. bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 526.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after purchasing an additional 495 shares during the last quarter. Arlington Trust Co LLC grew its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 91.8% during the fourth quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after purchasing an additional 356 shares during the last quarter. Finally, BOKF NA bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter valued at approximately $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.