iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 12-Month High – What’s Next?

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s stock price reached a new 52-week high on Monday . The company traded as high as $76.40 and last traded at $76.4420, with a volume of 322652 shares traded. The stock had previously closed at $76.11.

iShares MSCI Emerging Markets ex China ETF Price Performance

The company has a market capitalization of $14.61 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82. The firm’s 50-day simple moving average is $71.90 and its two-hundred day simple moving average is $68.04.

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 $1.3357 dividend. This represents a yield of 384.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares MSCI Emerging Markets ex China ETF

Institutional investors have recently bought and sold shares of the company. Cullen Frost Bankers Inc. increased its position in shares of iShares MSCI Emerging Markets ex China ETF by 3.6% in the third quarter. Cullen Frost Bankers Inc. now owns 2,609,474 shares of the company’s stock valued at $176,166,000 after buying an additional 90,776 shares in the last quarter. Russell Investments Group Ltd. grew its stake in iShares MSCI Emerging Markets ex China ETF by 5.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,431,332 shares of the company’s stock valued at $96,629,000 after acquiring an additional 71,035 shares during the last quarter. Flow Traders U.S. LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 184.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 1,342,097 shares of the company’s stock valued at $84,740,000 after acquiring an additional 870,883 shares in the last quarter. RiverFront Investment Group LLC increased its holdings in iShares MSCI Emerging Markets ex China ETF by 2.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 792,256 shares of the company’s stock valued at $50,023,000 after acquiring an additional 19,703 shares in the last quarter. Finally, Hughes Financial Services LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 1.1% in the third quarter. Hughes Financial Services LLC now owns 737,223 shares of the company’s stock valued at $53,250,000 after purchasing an additional 7,748 shares in the last quarter.

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.