Legacy Financial Advisors Inc. Trims Stock Holdings in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Legacy Financial Advisors Inc. decreased its stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 24.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,459 shares of the company’s stock after selling 21,251 shares during the quarter. iShares MSCI Emerging Markets ex China ETF makes up 0.7% of Legacy Financial Advisors Inc.’s portfolio, making the stock its 22nd biggest holding. Legacy Financial Advisors Inc.’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $3,683,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of New York Mellon Corp increased its position in iShares MSCI Emerging Markets ex China ETF by 32.5% in the third quarter. Bank of New York Mellon Corp now owns 5,712,670 shares of the company’s stock worth $284,662,000 after buying an additional 1,400,540 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets ex China ETF by 16.6% in the third quarter. JPMorgan Chase & Co. now owns 3,744,386 shares of the company’s stock worth $186,583,000 after buying an additional 533,051 shares in the last quarter. Ameriprise Financial Inc. increased its position in iShares MSCI Emerging Markets ex China ETF by 30.8% in the third quarter. Ameriprise Financial Inc. now owns 3,142,892 shares of the company’s stock worth $156,610,000 after buying an additional 740,308 shares in the last quarter. TIAA Trust National Association increased its position in iShares MSCI Emerging Markets ex China ETF by 45.1% in the fourth quarter. TIAA Trust National Association now owns 1,286,526 shares of the company’s stock worth $71,286,000 after buying an additional 399,702 shares in the last quarter. Finally, 1ST Source Bank boosted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 17.1% in the third quarter. 1ST Source Bank now owns 540,448 shares of the company’s stock worth $26,931,000 after acquiring an additional 78,830 shares during the period.

iShares MSCI Emerging Markets ex China ETF Price Performance

Shares of NASDAQ EMXC traded up $0.48 during mid-day trading on Friday, reaching $57.70. The company’s stock had a trading volume of 2,517,939 shares, compared to its average volume of 2,199,237. The firm has a market capitalization of $13.10 billion, a PE ratio of 12.73 and a beta of 0.86. The stock has a fifty day moving average of $56.89 and a two-hundred day moving average of $54.50. iShares MSCI Emerging Markets ex China ETF has a 52 week low of $47.76 and a 52 week high of $58.75.

iShares MSCI Emerging Markets ex China ETF 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.