iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Reaches New 52-Week Low – Should You Sell?

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $54.18 and last traded at $54.44, with a volume of 276821 shares. The stock had previously closed at $55.07.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The stock has a market cap of $14.97 billion, a P/E ratio of 12.73 and a beta of 0.88. The stock has a fifty day simple moving average of $56.38 and a 200-day simple moving average of $58.46.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.9999 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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

A number of large investors have recently bought and sold shares of the company. Ameriflex Group Inc. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth $37,000. Fourth Dimension Wealth LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF during the 4th quarter worth about $37,000. Novem Group acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 4th quarter worth about $479,000. Weitzel Financial Services Inc. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 3.6% in the fourth quarter. Weitzel Financial Services Inc. now owns 49,487 shares of the company’s stock valued at $2,765,000 after acquiring an additional 1,719 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 36.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 8,625 shares of the company’s stock valued at $478,000 after acquiring an additional 2,290 shares during the last quarter.

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.