iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC – Get Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 2,740,000 shares, a decrease of 70.2% from the February 13th total of 9,180,000 shares. Based on an average trading volume of 2,685,500 shares, the short-interest ratio is currently 1.0 days. Currently, 1.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On iShares MSCI Emerging Markets ex China ETF
Hedge funds have recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV raised its position in shares of iShares MSCI Emerging Markets ex China ETF by 4.3% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,769 shares of the company’s stock valued at $542,000 after buying an additional 402 shares during the last quarter. Raelipskie Partnership raised its holdings in iShares MSCI Emerging Markets ex China ETF by 6.5% in the 4th quarter. Raelipskie Partnership now owns 131,764 shares of the company’s stock valued at $7,306,000 after acquiring an additional 8,060 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of iShares MSCI Emerging Markets ex China ETF by 7.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 2,267,834 shares of the company’s stock worth $125,751,000 after purchasing an additional 149,004 shares during the period. Twin Peaks Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ex China ETF by 25.2% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 36,187 shares of the company’s stock worth $2,007,000 after purchasing an additional 7,284 shares during the last quarter. Finally, Community Bank N.A. grew its position in shares of iShares MSCI Emerging Markets ex China ETF by 16.6% in the third quarter. Community Bank N.A. now owns 45,682 shares of the company’s stock valued at $2,792,000 after purchasing an additional 6,498 shares during the period.
iShares MSCI Emerging Markets ex China ETF Stock Performance
NASDAQ:EMXC traded up $0.74 during mid-day trading on Friday, hitting $55.37. 1,696,732 shares of the company’s stock traded hands, compared to its average volume of 2,905,535. The company has a market cap of $15.19 billion, a PE ratio of 14.51 and a beta of 0.88. The firm’s 50 day simple moving average is $56.16 and its 200 day simple moving average is $58.05. iShares MSCI Emerging Markets ex China ETF has a 1 year low of $53.97 and a 1 year high of $63.25.
iShares MSCI Emerging Markets ex China ETF Announces Dividend
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.
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