iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 52-Week High – Should You Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s share price hit a new 52-week high on Monday . The company traded as high as $82.33 and last traded at $82.4050, with a volume of 359189 shares changing hands. The stock had previously closed at $81.82.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The company has a market capitalization of $16.15 billion, a PE ratio of 15.28 and a beta of 0.82. The business has a fifty day moving average price of $75.07 and a 200 day moving average price of $70.22.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $1.3357 dividend. 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

Large investors have recently added to or reduced their stakes in the stock. Front Row Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the second quarter valued at about $26,000. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter valued at approximately $27,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter valued at approximately $31,000. MeadowBrook Investment Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter worth $32,000. Finally, Sound Income Strategies LLC boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 114.2% in the third quarter. Sound Income Strategies LLC now owns 497 shares of the company’s stock valued at $34,000 after purchasing an additional 265 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.