iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Hits New 1-Year High – Here’s Why

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXCGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $74.12 and last traded at $74.1960, with a volume of 336347 shares. The stock had previously closed at $72.68.

iShares MSCI Emerging Markets ex China ETF Trading Up 2.2%

The company has a fifty day moving average price of $71.49 and a 200-day moving average price of $67.34. The firm has a market capitalization of $13.72 billion, a price-to-earnings ratio of 15.28 and a beta of 0.82.

iShares MSCI Emerging Markets ex China ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares MSCI Emerging Markets ex China ETF

Several institutional investors and hedge funds have recently bought and sold shares of EMXC. Front Row Advisors LLC bought a new stake in iShares MSCI Emerging Markets ex China ETF during the second quarter worth about $26,000. Brown Brothers Harriman & Co. bought a new stake in iShares MSCI Emerging Markets ex China ETF in the third quarter valued at approximately $27,000. Family Legacy Financial Solutions LLC bought a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the third quarter worth about $31,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF during the second quarter worth about $32,000. Finally, MeadowBrook Investment Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ex China ETF during the 2nd quarter valued at about $32,000.

iShares MSCI Emerging Markets ex China ETF Company Profile

(Get Free Report)

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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