Zhang Financial LLC Takes $1.71 Million Position in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)

Zhang Financial LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,871 shares of the company’s stock, valued at approximately $1,711,000.

Other hedge funds also recently modified their holdings of the company. Tsfg LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at $33,000. GoalVest Advisory LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 105.5% during the fourth quarter. GoalVest Advisory LLC now owns 779 shares of the company’s stock worth $43,000 after acquiring an additional 400 shares in the last quarter. Cornerstone Planning Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter worth $54,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 32.3% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,229 shares of the company’s stock worth $61,000 after acquiring an additional 300 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 42.3% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 3,599 shares of the company’s stock worth $199,000 after acquiring an additional 1,070 shares in the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of NASDAQ:EMXC traded down $0.28 during midday trading on Friday, hitting $55.23. 1,285,660 shares of the stock were exchanged, compared to its average volume of 2,286,597. iShares MSCI Emerging Markets ex China ETF has a 52-week low of $47.76 and a 52-week high of $58.75. The business’s fifty day simple moving average is $56.80 and its two-hundred day simple moving average is $53.96. The company has a market capitalization of $12.50 billion, a PE ratio of 11.29 and a beta of 0.88.

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.