Crescent Grove Advisors LLC Increases Stake in iShares MSCI Emerging Markets ex China ETF $EMXC

Crescent Grove Advisors LLC raised its position in iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) by 11.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 60,131 shares of the company’s stock after purchasing an additional 6,068 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares MSCI Emerging Markets ex China ETF were worth $4,370,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EMXC. Brown Brothers Harriman & Co. purchased a new position in iShares MSCI Emerging Markets ex China ETF in the 3rd quarter valued at $27,000. Cary Street Partners Investment Advisory LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 526.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 589 shares of the company’s stock valued at $43,000 after purchasing an additional 495 shares in the last quarter. Arlington Trust Co LLC lifted its holdings in iShares MSCI Emerging Markets ex China ETF by 91.8% in the 4th quarter. Arlington Trust Co LLC now owns 744 shares of the company’s stock valued at $54,000 after purchasing an additional 356 shares in the last quarter. BOKF NA purchased a new position in iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $62,000. Finally, United Community Bank purchased a new position in iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at $64,000.

iShares MSCI Emerging Markets ex China ETF Stock Performance

Shares of EMXC stock opened at $103.00 on Thursday. The stock’s fifty day moving average is $90.07 and its two-hundred day moving average is $81.68. The firm has a market capitalization of $25.20 billion, a P/E ratio of 15.28 and a beta of 0.86. iShares MSCI Emerging Markets ex China ETF has a fifty-two week low of $60.02 and a fifty-two week high of $104.18.

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.