Professional Advisory Services Inc. Sells 131,948 Shares of iShares MSCI Emerging Markets ex China ETF $EMXC

Professional Advisory Services Inc. reduced its stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 32.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,475 shares of the company’s stock after selling 131,948 shares during the period. iShares MSCI Emerging Markets ex China ETF comprises approximately 3.4% of Professional Advisory Services Inc.’s investment portfolio, making the stock its 11th largest position. Professional Advisory Services Inc. owned 0.11% of iShares MSCI Emerging Markets ex China ETF worth $28,181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EMXC. Sankala Group LLC bought a new position in iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at approximately $27,000. Brown Brothers Harriman & Co. bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the third quarter worth $27,000. Cary Street Partners Investment Advisory LLC grew its stake 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 during the last quarter. Arlington Trust Co LLC increased its holdings 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 $62,000.

iShares MSCI Emerging Markets ex China ETF Stock Up 0.8%

NASDAQ EMXC opened at $94.68 on Friday. The company has a market cap of $24.11 billion, a price-to-earnings ratio of 15.28 and a beta of 0.89. iShares MSCI Emerging Markets ex China ETF has a twelve month low of $62.71 and a twelve month high of $107.12. The business’s fifty day moving average is $97.26 and its 200 day moving average is $89.65.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.588 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.