iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 12-Month High – Time to Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXCGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $99.48 and last traded at $99.48, with a volume of 159453 shares changing hands. The stock had previously closed at $95.60.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The company has a market capitalization of $24.36 billion, a price-to-earnings ratio of 15.28 and a beta of 0.86. The firm has a 50-day simple moving average of $86.96 and a two-hundred day simple moving average of $80.20.

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 stock. Sankala Group LLC acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth about $27,000. Brown Brothers Harriman & Co. acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter worth about $27,000. Cary Street Partners Investment Advisory LLC grew its position 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 worth $43,000 after buying an additional 495 shares in the last quarter. Arlington Trust Co LLC grew its position 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 worth $54,000 after buying an additional 356 shares in the last quarter. Finally, BOKF NA acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth about $62,000.

About iShares MSCI Emerging Markets ex China ETF

(Get Free Report)

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.

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