Bank of New York Mellon Corp Cuts Holdings in iShares MSCI Emerging Markets ex China ETF $EMXC

Bank of New York Mellon Corp trimmed its holdings in shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 16.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,033,138 shares of the company’s stock after selling 1,152,475 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $438,488,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Nations Financial Group Inc. IA ADV raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 1.4% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,680 shares of the company’s stock worth $704,000 after buying an additional 132 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 4.2% during the 3rd quarter. Cary Street Partners Financial LLC now owns 3,951 shares of the company’s stock worth $267,000 after buying an additional 159 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 3.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 6,131 shares of the company’s stock worth $446,000 after buying an additional 206 shares in the last quarter. Provenance Wealth Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 13.7% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,898 shares of the company’s stock worth $128,000 after buying an additional 229 shares in the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of iShares MSCI Emerging Markets ex China ETF by 0.5% during the 3rd quarter. Colonial Trust Co SC now owns 55,740 shares of the company’s stock worth $3,763,000 after buying an additional 302 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Trading Down 1.0%

Shares of EMXC stock opened at $103.00 on Thursday. The company has a market cap of $25.20 billion, a price-to-earnings ratio of 15.28 and a beta of 0.86. The stock has a 50 day simple moving average of $90.07 and a 200-day simple moving average of $81.68. iShares MSCI Emerging Markets ex China ETF has a 12-month low of $60.02 and a 12-month high of $104.18.

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.