Zhang Financial LLC Raises Position in iShares MSCI Emerging Markets ex China ETF $EMXC

Zhang Financial LLC increased its position in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 112,880 shares of the company’s stock after acquiring an additional 6,169 shares during the period. Zhang Financial LLC owned about 0.06% of iShares MSCI Emerging Markets ex China ETF worth $7,620,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Front Row Advisors LLC bought a new position in iShares MSCI Emerging Markets ex China ETF during the second quarter valued at approximately $26,000. Family Legacy Financial Solutions LLC purchased a new stake in iShares MSCI Emerging Markets ex China ETF during the 3rd quarter valued at $31,000. MeadowBrook Investment Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 2nd quarter valued at $32,000. Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 114.2% during the 3rd quarter. Sound Income Strategies LLC now owns 497 shares of the company’s stock valued at $34,000 after buying an additional 265 shares during the period. Finally, First PREMIER Bank boosted its position in iShares MSCI Emerging Markets ex China ETF by 7.1% in the third quarter. First PREMIER Bank now owns 2,867 shares of the company’s stock worth $194,000 after purchasing an additional 190 shares during the last quarter.

iShares MSCI Emerging Markets ex China ETF Stock Performance

NASDAQ EMXC opened at $87.10 on Wednesday. The business’s fifty day moving average is $78.15 and its 200 day moving average is $72.00. The company has a market capitalization of $17.03 billion, a PE ratio of 15.28 and a beta of 0.82. iShares MSCI Emerging Markets ex China ETF has a fifty-two week low of $49.60 and a fifty-two week high of $87.44.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $1.3357 dividend. This represents a yield of 384.0%. The ex-dividend date was Tuesday, December 16th.

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.