iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Reaches New 1-Year High – Here’s What Happened

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $91.25 and last traded at $91.13, with a volume of 2265431 shares trading hands. The stock had previously closed at $89.08.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The business’s fifty day moving average price is $83.43 and its 200-day moving average price is $77.55. The stock has a market cap of $22.33 billion, a PE ratio of 15.28 and a beta of 0.79.

Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Sankala Group LLC purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth approximately $27,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the third quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC boosted 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 buying an additional 495 shares during the last quarter. Arlington Trust Co LLC boosted 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 buying an additional 356 shares during the last quarter. Finally, BOKF NA purchased a new position in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth 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.