iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sets New 1-Year High – Still a Buy?

Shares of 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 $104.29 and last traded at $104.29, with a volume of 1216 shares. The stock had previously closed at $101.76.

iShares MSCI Emerging Markets ex China ETF Stock Performance

The firm has a market capitalization of $25.80 billion, a P/E ratio of 15.28 and a beta of 0.88. The business has a fifty day moving average of $94.18 and a 200-day moving average of $83.66.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be issued a $0.588 dividend. The ex-dividend date of this dividend is Monday, June 15th.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sankala Group LLC acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth approximately $27,000. Brown Brothers Harriman & Co. acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC lifted its position in 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 purchasing an additional 495 shares during the period. Arlington Trust Co LLC lifted its position in 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 purchasing an additional 356 shares during the period. Finally, BOKF NA acquired a new stake in iShares MSCI Emerging Markets ex China ETF in the fourth quarter worth approximately $62,000.

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.