iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sets New 12-Month High – Should You Buy?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $74.12 and last traded at $74.1960, with a volume of 336347 shares trading hands. The stock had previously closed at $72.68.

iShares MSCI Emerging Markets ex China ETF Trading Up 2.4%

The company has a market cap of $13.98 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82. The stock’s 50 day moving average price is $71.55 and its 200 day moving average price is $67.48.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.3357 per share. The ex-dividend date was Tuesday, December 16th. This represents a yield of 384.0%.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. United Services Automobile Association acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 1st quarter valued at $293,371,000. Flow Traders U.S. LLC increased its position in iShares MSCI Emerging Markets ex China ETF by 184.8% in the second quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock worth $84,740,000 after purchasing an additional 870,883 shares during the period. Myriad Asset Management US LP bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter worth approximately $39,766,000. City of London Investment Management Co. Ltd. acquired a new position in shares of iShares MSCI Emerging Markets ex China ETF in the 3rd quarter valued at $16,642,000. Finally, Farther Finance Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 78.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 392,289 shares of the company’s stock worth $26,483,000 after buying an additional 172,737 shares during the period.

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.