iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Reaches New 1-Year Low – Here’s What Happened

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC)’s stock price hit a new 52-week low on Monday . The stock traded as low as $53.98 and last traded at $54.34, with a volume of 1743685 shares. The stock had previously closed at $55.51.

iShares MSCI Emerging Markets ex China ETF Trading Up 1.0 %

The stock has a market capitalization of $15.10 billion, a price-to-earnings ratio of 14.51 and a beta of 0.88. The company’s 50 day moving average is $56.20 and its 200 day moving average is $58.13.

iShares MSCI Emerging Markets ex China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.9999 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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

Hedge funds have recently modified their holdings of the stock. Copia Wealth Management purchased a new position in iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth about $2,878,000. Ameriflex Group Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the 4th quarter valued at approximately $37,000. Fourth Dimension Wealth LLC purchased a new stake in shares of iShares MSCI Emerging Markets ex China ETF in the fourth quarter valued at approximately $37,000. Novem Group acquired a new position in iShares MSCI Emerging Markets ex China ETF during the fourth quarter worth $479,000. Finally, Weitzel Financial Services Inc. grew its holdings in iShares MSCI Emerging Markets ex China ETF by 3.6% during the fourth quarter. Weitzel Financial Services Inc. now owns 49,487 shares of the company’s stock worth $2,765,000 after acquiring an additional 1,719 shares during the period.

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.