iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Sees Large Volume Increase – Should You Buy?

Shares of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) saw unusually-strong trading volume on Monday . Approximately 1,720,758 shares were traded during trading, a decline of 12% from the previous session’s volume of 1,960,669 shares.The stock last traded at $55.88 and had previously closed at $56.42.

iShares MSCI Emerging Markets ex China ETF Stock Up 1.5 %

The stock has a market cap of $15.58 billion, a PE ratio of 12.73 and a beta of 0.88. The firm has a 50 day moving average price of $56.76 and a 200 day moving average price of $58.67.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.9999 dividend. The ex-dividend date was Tuesday, December 17th.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the third quarter worth $52,987,000. Eastern Bank acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at about $38,581,000. Janney Montgomery Scott LLC increased its stake in shares of iShares MSCI Emerging Markets ex China ETF by 31.4% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,696,051 shares of the company’s stock valued at $103,646,000 after purchasing an additional 405,660 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares MSCI Emerging Markets ex China ETF by 3.9% during the fourth quarter. Bank of New York Mellon Corp now owns 10,401,633 shares of the company’s stock worth $576,771,000 after purchasing an additional 394,782 shares in the last quarter. Finally, LVM Capital Management Ltd. MI purchased a new stake in iShares MSCI Emerging Markets ex China ETF in the 4th quarter worth $4,576,000.

About iShares MSCI Emerging Markets ex China ETF

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.